Fooled by Bidenomics
Deficits are especially important. If the government takes in $100 in tax revenues, and spends it, it removes that money from the consumer economy. No net increase to GDP.
Monday, April 1, 2024
Bill Bonner, reckoning today from Dublin, Ireland...
April Fool!
The inflation and GDP numbers are just ‘made up.’
Last week, the economic news, coming from inside the Beltway, was…
