Thursday, March 21, 2024

Economics 101

Are you better off today than you were four years ago?

How about growth in our county's Gross Domestic Product (GDP)?

The first two quarters of 2020 our economy contracted in a hair raising free-fall.

To be clear, I think presidents get too much blame for bad economies and take too much credit for strong economies.  Truthfully, it is a heavy lift for a president to move something as complex as the US economy.  And the former guy appeared to struggle under the strain of the worst pandemic to come along in several generations. 

These numbers are adjusted for inflation, under the current guy we've enjoyed the must robust and sustained GDP growth in a decade.


I find the narrative being pitched by the partisans to be strange... 

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