U.S. economy crushes expectations with 3.3% growth rate
And your point is...? Trust the government and not our eyes...?
My point is that whenever people brag about random niche metrics, they’re often hiding from the real problem, and that transcends even what your eyes can see sometimes. Growth can be happening even when things look bad, and stagnation can be happening even when things look good.
@Patriot-#1776Constitution4mos4MO
That's like saying fire can burn underwater
@9CJ6CB64mos4MO
That’s acknowledging the complications of an economy.
@Patriot-#1776Constitution4mos4MO
In your view, which hasn't been established by logic...
@9CJ6CB64mos4MO
Alright, let’s go to 2020, the majority of the economy was having a pretty sucky time, yet the money the upper class gained was immeasurable, leading to an increase of median income, meaning that, if viewed by that metric, we were booming. Whereas in the Great Depression, the world at large, and what seemed to be america as well, was suffering, though after the 40s, even when we’d be losing by many statistics, we gained extreme amounts of wealth and an increase in equitability for the lower classes, helped largely from government intervention and the war.