Is That All There Is? US GDP Grows At A Pathetic 1.1% QoQ Rate Despite Massive Spending Spree By Biden, Gross Private Domestic Investment Crashes By -12.5% QoQ (Bad Return On $3.37 TRILLION In Spending)
by confoundedinterest17 Crooner Peggy Lee said it best: Is that all there is? Unfortunately, US GDP grew at a pathetic 1.1% QoQ. Official estimates from the Congressional Budget Office (CBO) show that, since January 2021, legislation signed by President Biden has set in …