American Economics Thread
- Thread starter Bernard
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The only way to keep the planet safe from them is to reduce their importance to the degree where their cooperation is no longer necessary. Between their politics and the future of humanity, the choice is clear.
I haven't read the document in question, but from the summary provided in the article it sounds more like an attempt for a Conservative \ Christian Fascist takeover of the Federal Government disguised as Environmental Protection reform. It honestly just sounds like it wouldn't be able to be implemented in any workable way.
In terms of reducing their importance to the degree where their cooperation is no longer necessary I am not sure if that is feasible? Some of these people hold extremist views and the United States has nuclear weapons and a large military. A Christian Fascist takeover could have dire consequences for the entire world.
Yes, otherwise it would be reported as a contraction which would be big news.
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Reported GDP Growth is generally the Real GDP Growth (Nominal GDP Growth - Inflation)
It was real growth in this case of you read the source.
I think the binders don't highlight the significant money still following into the US system. From depleting it's strategic petroleum reserve, and a trillion plus IRA, CHIPS, and infrastructure legislation. They are throwing a kitchen sink to boost growth.
Like a surface rush, don't know how this will be sustained through time. I'm thinking they are trying hard to cut Europe (Korea, Japan) off from China and stymie its growth and enhance its own.
The US are playing lots of cards.
Yes, it's inflation adjusted. 2.4% is a pretty strong number, though GDP isn't everything.