US economy grows at 3.3% annual pace in fourth quarter, faster than expected

[JonC]

Oh, I have no expectations of the federal government eliminating its debt. I just want the federal budget balanced and the national debt to stop being increased.

I agree.

 

[Earth Wind and Fire]

Oh, I have no expectations of the federal government eliminating its debt. I just want the federal budget balanced and the national debt to stop being increased.

Not with the current iteration of government. We are about to be treated with Trump 2 and without balancing rods like Pompeo so maybe Veveek will advise him properly… but will he pay attention? But the time is coming when all this will not matter dear brothers, that’s exciting isn’t it?

 

[Revmitchell]

"For the year, the US economy grew at an annualized rate of 2.5% up from 1.9% in 2022."

- rest at GDP: US economy grows at 3.3% annual pace in fourth quarter, faster than expected

First the numbers aren't reliable because the Biden admin works to control them. Second its yahoo news. Are there any reliable sources to support this article?

 

[KenH]

Are there any reliable sources to support this article?

Whom do you deem to be a reliable source?

 

[Earth Wind and Fire]

Try the Musk recipe

https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https://substack-post-media.s3.amazonaws.com/public/images/c543e897-49f7-4b15-83f0-cb9a190c0fae_918x640.png

 

[Earth Wind and Fire]

Whom do you deem to be a reliable source?

Well aren’t you leaning heavily on Blumberg ?

 

[KenH]

Well aren’t you leaning heavily on Blumberg ?

No, I am not leaning heavily on Bloomberg.

 

[Earth Wind and Fire]

No, I am not leaning heavily on Bloomberg.

This economy stuff is frankly scary stuff. I generally catch an hour of Bloomberg TV in the morning and ya never get a straight answer… more like an educated guess based on varied situations and how the market is trending, never something solid.

My wife, probably because of her years of practice raising & showing horses can ( 8 out of ten times) can pick them at the track. Perhaps I should use her knowledge to make some cash!

 

[KenH]

My wife, probably because of her years of practice raising & showing horses can ( 8 out of ten times) can pick them at the track. Perhaps I should use her knowledge to make some cash!

Good for her!

 

[Earth Wind and Fire]

Good for her!

Yes it is a talent born of living her formative years all things horses. What I don’t want to do is exploit her love for that into a gambling obsession. At this stage of her life she should be content to raise grandchildren.

 

[JonC]

Whom do you deem to be a reliable source?

Lol.....I was thinking the same thing. Each side says the data is false because of the other side.

The side not holding the office of POTUS absolutely hates that inflation has dropped and the economy has grown more than projected in the last quarter.

But facts are facts.

Each side wants the US to decline when the other side is in power. We have no more (or very few) patriots, at least in politics.