To me, being FORCED to purchase something (at the expense of other legitimate discretionary items) is not evidence of growth. It takes work and money already received (and part of what one would think is GDP) and forces a choice not wanted. Seems like double dipping fudging on the numbers to me.
Add to that the Gen X who can’t make a house payment, can’t buy a car, even can’t pay for a technical college education until they pay their forced dues to an unaffordable Health Care law. Thank the Democratic Party!
“To me, being FORCED to purchase something”
An old Soviet saying
They pretend to pay me and I pretend to work
The entire economy is propped up via quantitative easing and artificial interest rates.