GETTR - The Marketplace of Ideas

Dave Brat on GETTR : As Steve notes below, GDP is growing at 5%, and the Warroom makes it clear that this is all "stimulus" financed by the FED a...

As Steve notes below, GDP is growing at 5%, and the Warroom makes it clear that this is all "stimulus" financed by the FED and BIG GOV. Thought experiment: Take away $8 Trillion on FED balance sheet, and then take away $2 Trillion in Deficit Gov Spending every year, and ask yourself: What would economic growth look like? WHEW.... What would the Stock Market look like? See below for the SOURCES of economic growth. Unfortunately, government spending is counted as GDP. GDP = C + I + G + Xn Meanwhile, the monthly jobs reports since the start of the year show government employers adding more jobs than any private sector industry. The economy is growing – but mostly in the wrong places. Also never forget Immigration - more folks make GDP larger, but worse for you!