Posted on 04/26/2024 7:04:56 AM PDT by ChicagoConservative27
On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Council of Economic Advisers Chair Jared Bernstein stated that the White House is okay with the latest GDP report, “especially once you get under the hood, you take out some of those more volatile components, consumer spending and investment look great.” And “the underlying economy is solid as ever.”
Guest host Edward Lawrence asked, “When you dig into this GDP report…you find that the first quarter personal consumption grew at 2.5%, the non-defense government spending grew at 0.3%, but if you look back to the fourth quarter, non-defense government spending grew at 4.8%. So, government spending, was that driving the GDP? Is there a correlation there?”
(Excerpt) Read more at breitbart.com ...
Baghdad Bob was more believable....................
Keep fiddling Nero.
Regular Americans affected, invaders get the spoils.
Hey, how'd the draft go last nite?
The “White House” pumping its septic tank all over Americans. I can see why SeeBS is bringing back little Danny Rather. They need and expert manure spreader.
Bagdad Bob, paging Bagdad Bob.
Interesting, the stock market seems to be shrugging off the report. I guess most already expected this.
You would think with climate change they would stop the gas lighting.
Market is a joke. Stocks with zero earnings go meteoric while firms making money and returning divs languish. It’s all funny money.
If this was happening under Trump, which it wouldn’t, but if it did, the left would be screaming 24/7 that he was deving the nation off a cliff
The US Dollar is in danger of being dropped as the reserve currency but our economy is just tip top!
Ok everybody, really inhale hard & hold your breath. 3,2,1... Now exhale & pass the pipe please!
“We’re OK with Slower GDP”, ‘Underlying Economy Is Solid as Ever’
Are political kick backs included in the GDP?
Of course not, that’s why a decrease in GDP isn’t important to these people.
I am a little surprised that Rather is still alive. Dan Rather is 92 years old. He might be older than Biden. I don’t see this solving anything for CBS or the White House.
This guy is slimier than John Kirby, who got his rear admiral (lower half) rank for propaganda in the Navy during the Obama administration.
-PJ
I never could stand SeeBS’s little Danny Boy. I always thought of him as Walter Crankcase’s dumber little brother. He’s going to make a great RAT ***kisser now that the RAT’s have officially taken over Country music and turned it into a greedy bull**** factory with a bunch of noisy little female “singers” who sound like the new millennium Alvin and the Chipmunks ukulele players who sprung to life during the Covid Dem panic.
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