Bidenomics downgrade as the Bureau of Economic Analysis revises down the last 3 years of economic data.
— Peter St Onge, Ph.D. (@profstonge) October 3, 2023
Turns out inflation was higher. Growth and income was weaker. And federal spending is now replacing the consumer.
Gems include $1.1 trillion in vanished savings, a 9-sigma… pic.twitter.com/baXa4n5xsc
Tuesday, October 3, 2023
Government consumption has grown faster than personal consumption for the past year
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