Economic News

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heelinhell said:
So he hasn't brought in 18 trillion ? Why did the guest person in that cabinet meeting say Trump has brought in 18 trillion ? Does this mean we should not count on 7% GDP growth going forward ? Was that guest lying and sucking up to Trump or was she stupidly believing this to be true ?
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It is a suck up.

I don’t know why so many people are willing to destroy their own reputations to appease Trump. Is it because they don’t believe sucking up will have negative consequences in their future. Is it that being close to Trump is so lucrative that it is worth the reputational damage?
 
I was busy yesterday, did the global economy collapse like that crypto pumper was warning us about?
 
nycfan said:
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Lots of detailed fact-checking of the Trump OpEd in this article, including:

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Biden’s critics claimed a lot of the spike during his administration was illusory — reflecting inflation of costs rather than increase in construction (it turned out to be both, exaggerating strong growth to look like explosive growth). The AI construction boom is real in terms of construction spend in process for chips, data centers and related power supply facilities.
 
nycfan said:
IMG_4540.jpeg

Biden’s critics claimed a lot of the spike during his administration was illusory — reflecting inflation of costs rather than increase in construction (it turned out to be both, exaggerating strong growth to look like explosive growth). The AI construction boom is real in terms of construction spend in process for chips, data centers and related power supply facilities.
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I'm fine with that if they are still using Occam's Razor to cut through Trump's skein of lies.
 
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