Subject: Re: Bidenomics: 4.9% GDP Growth
But thanks for your "actual analysis".

Sorry, ChatNPC. That's you regurging numbers that make you think you're scoring points. You aren't.
Let's dig into your GDP numbers and see what drove them.

https://seekingalpha.com/artic...

The US economy expanded at 4.9% in 3Q with the government, households and homebuilders all contributing significantly and inventory rebuilding further boosting activity.

Let's unpack that sentence and hand you a clue while we're at it: If you're relying on government spending to prop up your GDP numbers, that's a clue that the economy isn't nearly as healthy as you claim it is.

Secondly. homebuilders all contributing significantly

How long's that gonna last with mortgage rates at 8%? Yeah. It's not. You want a chart that shows us what Bidenomics is all about?

It's this one: https://www.atlantafed.org/cen...

Affordability rates in the sewer. So how long is the housing "boom" going to last?


And what else made up the surge?
https://fred.stlouisfed.org/re...

Nonfarm inventory is 1.28% of the 4.9%. That's weird.