GDP Edges Up
BUT WILL IT BE ENOUGH? By Colleen MacMillan || U.S. economic growth picked up modestly in the thiYou must Subscribe or log in to read the rest of this content.
BUT WILL IT BE ENOUGH? By Colleen MacMillan || U.S. economic growth picked up modestly in the thiYou must Subscribe or log in to read the rest of this content.
3 comments
“It is believed that in order to bring unemployment down by a single point, an economy must average a three percent annual GDP increase.”
That is a completely arbitrary number/percentage. The deficit spending in terms of ratio to GDP is fluctuating from year to year…the idea you can slap some percentage on growth to determine if we get jobs growth is totally insular to the complexities of the issue.
GDP = private consumption + gross investment + government spending + (exports ? imports)
Until you remove “gov’t spending” from the equation(which can be boosted by money printing with actually deducts productivity) GDP is a horrible “metric” that isn’t accurate.
find that same cliff and fly away U SUCK
“Will it be enough”…you’re NOT that D#*n Stupid are you?
You are like the guy who says: My class reunion is next week, so I have to lose 50 pounds and get a job by then.
You dumb@$$ liberals make me LAUGH…