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Old 07-27-2018, 04:29 PM   #20
spence
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Join Date: Nov 2003
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Quote:
Originally Posted by Jim in CT View Post
I've never actually heard, until now, that high GDP growth was bad. If your pay or net worth increases, that's a bad sign?
Because it's not healthy growth. The GDP is being driven mostly by foreign purchases of US goods in advance of the tariffs. Why? Because soon they're not going to be buying as much of our stuff.

Small and mid-sized businesses can't buffer this kind of whiplash, they're just going to fold.
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