That’s because the US can print money & inject it into the economy in large part due to the dollar being the world’s reserve currency. That masks the impacts, but the piper will come to collect at some point in time. That time will be when the world accepts a different form of payment, besides US dollars. It’s only a matter of when, not if. But the when keeps inching closer & closer because they spending is not being brought under control. Just like the invasion is not being controlled.
Can use those sheets for wallpaper.
It would seem that regardless of the tireless energy of the evil Obama-Biden axis they just can’t quite kill us off! Hooray for President Trump and his arrival next year! We only hope and pray that he will choose the VP wisely.
$2 Trillion deficits in 2024 are a great stimulus - at least for government recipients, their cronies and social engineers to whom the money flows.
That’s 8% of GDP.
> the United States keeps chugging along <
Better to say that the government’s data fakers keep chugging along. Don’t believe your higher grocery and utility bills. Believe what some weasel at the Fed says.
I like how they “stumble into recession”, rather than “whip the four horses of climate-change into recession”. Like Joe stumbles about.
Nope the us is just cooking the books. The real state of the economy will come out after the Democrat loses. Or it will continue to cook if the rat wins
Printing press goes BBBRRRRRRRRRRRR....
Bibonomics???
It’s all propaganda and fake expansion fueled by monetary expansion. We exported bad policy in 1981 and now our trade partners are importing our inflation.
The Biden circus is juggling too many cartons of fresh crap which will soon hit the ground.
It ain’t gonna end well.
House of cards
Roman Empire Part Deux
The liars in DC corrupted the CPI when BeijingBiden was installed. Critical economic indicators no longer include food or gas.
Potemkin economy. And rising prices with stagnant wages are beginning to translate into real anger, even among the otherwise left-leaning people I know. They're telling me they'll sit this election out or vote third-party.
“Defying expectations”???
Hardly.
They control all aspects of the economy the nth degree, including public opinion (media).
The reality will be fast, painful and “unexpected” according to the government & media blowhards, while the rest of us have seen the signs for many, many months.
“Recession has struck some of the world’s top economies. Yet, The US keeps defying expectations..”
Biden is working on it.
The U.S. economy is being artifcially boosted by money the country does not have, money the country is printing with Biden’s many trillions in new Federal borrowing. It is inevitable that any successor to Biden will have to trim that borrowing and will become someone many folks will blame when/if GDP growth slows as that massive spending and borrowing is trimmed.