Al-O-Meter
Well-Known Member
Not when you look at the internal numbers. That growth number was largely fueled by inflation of the currency which the Fed has vowed to end.Wow! Great news!
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The economy boomed in Biden's first year. His second will be harder
The US economic recovery from the depths of the Covid pandemic continued through the end of last year.www.cnn.com
You posted a similar line a month or so ago and said your wife worked in finance and was predicting rainbows and unicorns and an amazing economy for 2022. I told you then to wait for the Fed announcement because you weren't pricing in what the Fed will inevitably have to do. Now we have a little better idea and EVERYONE is paring back their estimates for 2022. Is your wife still on the rainbows and unicorns train or is she starting to see what is about to hit?
The Democrats have completely screwed the economy and once that inflation number ticks back down our reality will be obvious to everyone. The stock market already sees it. How soon everyone else sees it is the question. Enjoy that CNN article because I have a feeling the tone out of CNN on the economy is going to change in the coming weeks.