Wednesday, March 05, 2025

GDP=C+G+I+NX

In the equation above, C=Consumer; G=Government; I=Investment; NX=net exports. - Jeffrey Carter 
  • Government spending is a drain on the economy, not a positive. 
  • Borrowing by the Feds crowds out private borrowing...
Did the Biden Administration cook the books? 
Saying this now invites ridicule because critics will say that Trump supporters are making excuses for bad numbers. 
However, many people suspected Biden was cooking the books. 
In 2021, the press and Biden people refused to categorize our situation as a recession, even though we were in one...
  • At the same time, it sure feels like the GDP is not firing on all cylinders...

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