Quote:
Originally Posted by Pete F.
Keep dreaming
"The U.S. economy will likely grow by around 6% in 2021 and 4% or more in 2022, the highest rates for decades, analysts say. Strong U.S. growth momentum is expected to push the unemployment rate to the lowest level in almost seven decades by 2023..."
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I said pretty explicitly i’m
skeptical of the poll, didn’t I?
he’s doing some great things with the economy, unemployment and the stock market for sure.
how does the fate of inflation factor into projected growth? that’s a sincere question. is that growth above and beyond any inflation? or can it all be caused by inflation?
wages are rising ( which is awesome) but not nearly at the pace of inflation. Common way to stop inflation is to raise interest rates, which his also a good way to trigger a recession and to destroy housing values. he’s kind of stuck between a rock and a hard place there.
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