Economy grows by an unpredicted 3 percent

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Hmm...I know it's just a snapshot, but.

Economy seems to be booming.
Border is much more secure.
Deportations are happening, publicly, which encourages self-deportations.
Wages are up 5 percent from last year.
The FedGov ran a surplus in June on the budget.
The regulatory state is being slapped down, finally.
Inflation seems under control.
Trade deals are being made that favor the US and its citizens.
Violent crime is on track to set a 55 year record low.
Auto crashes are down 10 percent.
Traffic has decreased in major cities.
WWIII has not kicked off either in the ME or Ukraine.


So, deportations, tariffs and an America First trade policy seem to be working.
 
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tenor.gif
 
LOL - I am waiting...

Everything in my parts cost a whole lot more, meaning: less in the government my personal pocket.


07/28/2025​
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Conclusion


We can conclude that, in a free market economy, individuals’ expectations will have a tendency to move in tandem with reality. This is in contrast to a hampered economy where government and central bank policies give rise to expectations that are uncoordinated with reality. Therefore, the fact that a large group of people express an opinion regarding the state of economic conditions does not make it more accurate than the view expressed by any particular individual.​
Klaus Schwab: “Rebuilding Trust In Government”​
 
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LOL - I am waiting...
Lol.


Everything bad is bad.
Everything good is also bad.
Even is something good, it's not good enough, so it's bad.
Even if it's good, it's still bad because people might think it's good.

Pretty much sum it up??
 

Hmm...I know it's just a snapshot, but.

Economy seems to be booming.
Border is much more secure.
Deportations are happening, publicly, which encourages self-deportations.
Wages are up 5 percent from last year.
The FedGov ran a surplus in June on the budget.
The regulatory state is being slapped down, finally.
Inflation seems under control.
Trade deals are being made that favor the US and its citizens.
Violent crime is on track to set a 55 year record low.
Auto crashes are down 10 percent.
Traffic has decreased in major cities.

So, deportations, tariffs and an America First trade policy seem to be working.
I don't think inflation is down. Everything costs way more than a couple of years ago. So how does this work? They double the price of things in one year and the next year the price only goes up a little more or maybe goes down just a little and that is supposed to be good? I am no economist but is GDP simply up because everything simply costs more?
 
Is this 3% increase indexed for inflation? From the links, it doesn't look like it is. But I could be wrong.

If it's not, then this is no boom.
 
I don't think inflation is down. Everything costs way more than a couple of years ago. So how does this work?
Here's how it works.

Prices are still going up. But they're not going up at the breakneck pace they were ~3 years ago. So prices aren't down. And they're not going to go down. But the rate of inflation, i.e. the speed at which prices keep going up, is down in comparison to the worst case scenario that they're comparing it to.
 
Wages are up 5 percent from last year.

Is my intelligence being insulted? Wages aren't up at all. With prices up 7%, Zippyjuan, wages are down.

The FedGov ran a surplus in June on the budget.

It really smells like my intelligence is being insulted. So that paid off how much of the debt? What, the debt went up? So this "surplus" is they didn't blow their whole budget just yet?

The regulatory state is being slapped down, finally.

Oh, yeah. My intelligence is definitely insulted. It was Doge that got the rolled-up newspaper upside its snout.

Inflation seems under control.

Snicker.

Gee, I'd just love to help you guys celebrate, but y'all seem to have access to better drugs than I do.
 
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Funny.

Every week when the wife and I go grocery shopping, it costs us double, or even more than double, what we paid for more stuff back during Trump’s first term. Prices for other items have increased similarly.

Everybody I know, all over the country says the same.

Doesn’t sound like a good economy to me.
 
Is this 3% increase indexed for inflation? From the links, it doesn't look like it is. But I could be wrong.

If it's not, then this is no boom.
After clicking a link inside a link inside the link in the OP, I see that this was referring to real GDP, which is adjusted for inflation.

That brings up the problem of this measure of inflation being CPI, which understates it. But at least a correction is being made.

Also, note that GDP includes government spending.
 
You channeled Zippyjuan expecting to get treated like Zippyjuan, and you're happy about it.

Just desperate to be right about something?

To the contrary, I have hoped to be very very wrong about almost everything I see, and have seen, coming down the pike.
 
The FedGov ran a surplus in June on the budget.
Why? The June surplus was driven by calendar effects. Some payments normally scheduled for the first of the month were shifted to May because 01JUN2025 fell on a Sunday. Without that timing adjustment, the government would have recorded a $71 billion deficit in June. Kudos though - that's down from $73 billion in June 2024, which itself was seriously down from $228 billion in June 2023.

The fiscal year-to-date deficit stood at $1.34 trillion, up 5% from the same period in 2024.
 

Hmm...I know it's just a snapshot, but.

Economy seems to be booming.
Border is much more secure.
Deportations are happening, publicly, which encourages self-deportations.
Wages are up 5 percent from last year.
The FedGov ran a surplus in June on the budget.
The regulatory state is being slapped down, finally.
Inflation seems under control.
Trade deals are being made that favor the US and its citizens.
Violent crime is on track to set a 55 year record low.
Auto crashes are down 10 percent.
Traffic has decreased in major cities.
WWIII has not kicked off either in the ME or Ukraine.


So, deportations, tariffs and an America First trade policy seem to be working.
Rwanda's economy grew by 8.9% last year.

 
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