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gab13by13

(32,871 posts)
Fri May 29, 2026, 07:01 AM Friday

1st Quarter GDP Revised Down To 1.6% [View all]

70% of GDP comes from consumer spending.

We need to start thinking outside the box economically and politically.

We have always had 2 economies, one for the rich and one for the poor, but this fact is on steroids today.

We are living in a K economy, the rich are doing super well with the stock market explosion and the people in the bottom half of the K are living in a recession.

We need to start thinking outside the box, the data that we use to gage a recession is outdated, so many Americans are in a recession right now.

I support Democrats.

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