- Mar 9, 2011
- 70,237
- 84,064
- 3,635
Only in the minds of economic imbeciles would this be considered real "growth." The fourth quarter of 2023 showed that the US GDP grew by $182.2 billion, while public debt grew by $834 billion. How the hell can a country continue to exist with dismal economics numbers like this?
Biden and Congress’ insane spending and debt issuance are simply unsustainable.
Isn’t it wonderful to be 81 years old like Biden and a have a credit card with seemingly no credit limit? And partner with other octogenarians like Pelosi and McConnell to bankrupt the US? Free-spending US SenateDemagogue Democrat Chuck Schumer is only 73. But all these elderly politicians are heaping debt on to backs of younger Americans.
The “surprise” Q4 GDP report showed GDP rising by $182.2 billion. Unfortunately, Biden had to borrow $834 billion to get $182.2 in GDP.
https://www.bea.gov/sites/default/files/2024-01/gdp4q23-adv.pdf
Simply Unsustainable! GDP Grew By $182.2 Billion While Public Debt Grew By $834 Billion In Q4 (Public Debt By 4.5 Times GDP Growth)
Biden and Congress’ insane spending and debt issuance are simply unsustainable.
Isn’t it wonderful to be 81 years old like Biden and a have a credit card with seemingly no credit limit? And partner with other octogenarians like Pelosi and McConnell to bankrupt the US? Free-spending US Senate
The “surprise” Q4 GDP report showed GDP rising by $182.2 billion. Unfortunately, Biden had to borrow $834 billion to get $182.2 in GDP.
https://www.bea.gov/sites/default/files/2024-01/gdp4q23-adv.pdf