Super Testnet on Nostr: The media says the economy is good because: - GDP is up - Stocks are up - Jobs are up ...

The media says the economy is good because:

- GDP is up
- Stocks are up
- Jobs are up
- Inflation is "only" 3.5%

All these numbers can be gamed. In particular, I wonder how much the GDP's rise is due to military spending that doesn't "trickle down" to the rest of the economy.

https://www.theguardian.com/us-news/article/2024/may/22/poll-economy-recession-biden