Liar, Liar, Pants On Fire...

We had -1.5% GDP last quarter. It is shrinking, not growing. And even if it was shrinking less than anywhere else (which it's not), it still would be nothing to be proud of.

And actually less GDP is what they want. The FED was supposed to cut the rate several times this year as our economy was supposed to start slowing down due to their higher rates (to lower inflation coming out of the pandemic) .... but the problem is, despite what seems to be popular opinion here, the economy has actually been too strong.

Jobs, GDP, & consumer spending have not slowed down how they wanted. So as of now, it looks like they might cut the rate ONE time this year.... if at all.

Haven't you outlined their failures? If they keep doing something to achieve a specific result, but the opposite keeps happening, wouldn't a change in strategy be better?

This is a problem with Statists and Government Policy. Every failed government policy is merely deemed by them to be tried not enough times and not with enough funding, no matter how many times it had been doubled-down.

LOL

But doesn't repetition like that equate to manipulation in politics?

Ok, this time I'll admit defeat. India is actually the fastest economically growing country in the world.

Thank you for joining into the conversation, your input is appreciated. There's no reason to admit defeat.