The media says the economy is good because:
- GDP is up
- Stocks are up
- Jobs are up
- Inflation is "only" 3.5%
All these numbers can be gamed. In particular, I wonder how much the GDP's rise is due to military spending that doesn't "trickle down" to the rest of the economy.
https://www.theguardian.com/us-news/article/2024/may/22/poll-economy-recession-biden
Super Testnet
npub1yx…c399s
2024-05-23 11:40:39
Author Public Key
npub1yxp7j36cfqws7yj0hkfu2mx25308u4zua6ud22zglxp98ayhh96s8c399sPublished at
2024-05-23 11:40:39Event JSON
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"content": "The media says the economy is good because:\n\n- GDP is up\n- Stocks are up\n- Jobs are up\n- Inflation is \"only\" 3.5%\n\nAll these numbers can be gamed. In particular, I wonder how much the GDP's rise is due to military spending that doesn't \"trickle down\" to the rest of the economy.\n\nhttps://www.theguardian.com/us-news/article/2024/may/22/poll-economy-recession-biden",
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