Showing posts with label Consumer. Show all posts
Showing posts with label Consumer. Show all posts

Thursday, October 27, 2022

Real story about +2.6% GDP in Q3, improved from -0.6% in Q2

Personal Consumption declined from 2% to 1.4%. Investments improved from -14.1% to -8.5%. Imports declined from +2.2% to -6.9% (positive for GDP). Government Spending increased from -1.6% to +2.4%, with Fed petal swinging +7.1% Q/Q, the whopper! 

Thursday, May 12, 2022

US National Debt is > $30T & Growing Exponentially! Big Government Ruins

The US National Debt rate has increased about doubled in the past 20 years. Even a child understands you have to live within your means, but our Federal Government has taken us from being Freedom Fighters to unstable Debt-Enslaved Nation:

Saturday, May 1, 2021

Total US Debt Now Stands at 3.6X GDP

Total US debt is now a staggering 3.6X that of Gross Domestic Product. This is a crazy high number that can only end badly. The consumer has been lightening its load, but Corporate debt and Government debt are out of control. Socialism ruins!