The abbreviation for ‘Gross Domestic Product’ which is supposed to equal the market value of final goods and services produced in a country during a given period but in reality is mostly a fabricated political tool.
The abbreviation for ‘Gross Domestic Product’ which is supposed to equal the market value of final goods and services produced in a country during a given period but in reality is mostly a fabricated political tool.
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Statistical deception method for politicians.
A fictitious number because of how the government calculates inflation, measuring costs from non-essential such as washing machines and tennis balls and conveniently ignoring the costs of essentials like food and energy;.
Proof that Biden’s American Rescue Plan is working as the GDP expanded by 6.4% during the first quarter of 2021, putting the economy almost back to where it was before the covid-recession hit.
Key Takeaways From Latest GDP Numbers