does this account for government deficit spending? Because we are adding nearly 2 trillion to the deficit this year alone, around 8% of GDP.
The numbers I see coming out about the state of the economy just seem more and more out of sync with reality on the ground. Legit 5% GDP growth should mean a booming economy with people feeling good, yet people are struggling to cover their basic needs and pessimism seems high. I work remote so I see this in both the bubble of the tech world and in the "real world" outside of tech
The numbers I see coming out about the state of the economy just seem more and more out of sync with reality on the ground. Legit 5% GDP growth should mean a booming economy with people feeling good, yet people are struggling to cover their basic needs and pessimism seems high. I work remote so I see this in both the bubble of the tech world and in the "real world" outside of tech