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In reply to the discussion: U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump's tariffs hit [View all]LisaL
(47,296 posts)12. I am having trouble believing it as well.
In my field, a lot of people are losing their jobs.
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U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump's tariffs hit [View all]
BumRushDaShow
Wednesday
OP
The reported GDP numbers are inflation-adjusted, that's why it's called "real GDP"
progree
Wednesday
#24
Thank you for pointing out the facts, even if they run counter to the rampant confirmation bias on full display here. nt
Bernardo de La Paz
Wednesday
#18
We're consistent here: Good economic numbers result in endless charges of "cooked books" and "Krasnov manipulation"
progree
Wednesday
#29
Not cooked, not a diversion though it was seized upon by cheerleader-in-chief Hassett, number one economics toady
Bernardo de La Paz
Wednesday
#32
Marketwatch warned yesterday that the GDP number would be high, but not because economy is great
progree
Wednesday
#37
I'm not rooting against the economy but...there have been warnings from economists about book-cooking
Maeve
Wednesday
#9
Warnings only. None of them say it is occurring. None of them distrust the figures at this point. . . . nt
Bernardo de La Paz
Wednesday
#22
Of course, the media is ALL over this. So eager to give the orange asshole some credit.
hamsterjill
Wednesday
#11
Bullshit! The RMVP was more belivable than our current commerce department.
NutmegYankee
Wednesday
#13
There are legitimate reasons why the figure is up even while you see anecdotal evidence against it
Bernardo de La Paz
Wednesday
#20
Yeah, the economy is not homogeneous so it's can be hard to reconcile sometimes.
unblock
Wednesday
#25
Yeah, I have access to a lot of private business data, and what we're seeing aligns with decent gdp growth
unblock
Wednesday
#23
If "they" tell you things are good then by god things are good - next question?
walkingman
Wednesday
#28
Yet the price gouging at the kitchen table continues. I have yet to see a any type of relief from grocery prices
Cheezoholic
Wednesday
#31
I keep waiting for the economic problems that were forecast during the Trump presidency, where are they in the numbers?
dem4decades
Wednesday
#34