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Make7

(8,543 posts)

5. The government spent more than $650 billion compared to the prior quarter.

Reply to ProfessorGAC (Reply #4)

Mon May 10, 2021, 05:12 PM

May 2021

That is a significant chunk of that 6.4%. I said the GDP growth was fueled by government spending, not entirely attributable to it. Government spending is a good thing in a recession, but it is not usually taken as a sign that the economy is doing well.

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Trump said the economy would crash if Biden won the election. [View all] JuJuChen May 2021 OP

Been trolling righties with this all year Johnny2X2X May 2021 #1

I've known for over forty years, the orange anus has ALWAYS been... Brother Buzz May 2021 #2

The stock market is not the economy. The Dow was 28,635 on January 3, 2020. Make7 May 2021 #3

GDP Was Up 6.4% Annualized in Q1 ProfessorGAC May 2021 #4

The government spent more than $650 billion compared to the prior quarter. Make7 May 2021 #5

Many parts of the economy are still shut down which will end soon. Yavin4 May 2021 #6

You Said It's A Good Thing & A Bad Thing In the Same Post ProfessorGAC May 2021 #7

You seem to be reading things I didn't even write. Make7 May 2021 #8