Re:US Gross Domestic Product, Second Quarter 2022 (Advance E...
by dazhengca on Thursday July 28, 2022 @12:01PM
(#32266158)
https://fred.stlouisfed.org/series/LNS12026620
https://fred.stlouisfed.org/series/U6RATE
That doesn’t appear to be the cae
Re:US Gross Domestic Product, Second Quarter 2022 (Advance E...
by nightski on Saturday July 30, 2022 @02:22PM
(#32289059)
This is good data, but I am guessing it does not take into account the gig economy which I wonder what the effect of that is.
Re:US Gross Domestic Product, Second Quarter 2022 (Advance E...
by snikeris on Thursday July 28, 2022 @12:06PM
(#32266248)
The government can stimulate employment by pumping money into its favored causes. So what you end up with is plenty of people employed but not producing things that people actually want. Unfortunately, we can't even imagine the wonders that people might have produced if their resources were instead allocated towards satisfying consumers.
Gas affects the prices of nearly everything in the economy so I have no idea how you would conclude it's not a large portion of spending. I work in commodities and we are seeing massive price increases simply due to fuel & freight costs.