Tag: Economy of the United States

China’s economy is still far out growing the U.S. – contrary to Western media “fake news”

Tina Marie (Ms. Cat)

GDP data for China, the U.S., and the other G7 countries for the year 2023 has now been published. This makes possible an accurate assessment of China’s, the U.S., and major economies performance—both in terms of China’s domestic goals and international comparisons. There are two key reasons this is important.

China’s economy is still far out growing the U.S. – contrary to Western media “fake news”

Biden’s America is now losing three wars simultaneously.

Tina Marie (Ms. Cat)

Because of Joe Biden’s career-long consistent neoconservatism — he never met a U.S. invasion or coup that he didn’t didn’t like and didn’t assist to happen — he is losing all three of America’s current wars, and each one of them (each of which he inherited from the prior Administrations, because at least since 1980 all U.S. Presidents have been neocons) is a proxy-war by a U.S. client-state or “colony” against an enemy that the U.S. Government has long wanted to “regime-change” (i.e., to take control over):

Biden’s America is now losing three wars simultaneously.

H/T: Unorthodox Truth

US economy expanding?

Tina Marie (Ms. Cat)2 Comments

The first estimate of third quarter real GDP growth in the US was released yesterday. It showed the US economy expanded by an annualised rate of 4.9%. The Financial Times called this a “blistering pace that, not for the first time, defied gloomier predictions from economists.” US Treasury Secretary Janet Yellen commented that “It’s a good, strong number and it shows an economy that’s doing very well,” and she is “not expecting growth at that pace to continue, but we do have good, solid growth.”

US economy expanding?

U.S. can ‘certainly’ afford military support to both Israel and Ukraine, meanwhile…

Tina Marie (Ms. Cat)

U.S. can ‘certainly’ afford military support to both Israel and Ukraine, Janet Yellen says

“America can certainly afford to stand with Israel and to support Israel’s military needs and we also can and must support Ukraine in its struggle against Russia,” Yellen said, adding that the U.S. economy is doing “extremely well.”

“Inflation has been high and it’s been a concern to households, it’s come down considerably. At the same time, we have about the strongest labor market we’ve seen in 50 years with 3.8% unemployment. And at the same time, America, the Biden administration, has passed legislation that is strengthening our economy in years to come for the medium term.”

Related:

Ticking Time-Bomb: Food Inflation Is Crushing Millions Of Low Income Americans (archived)

And so the debate circles round and round. The US, the “most wealthy nation on the planet”, has a food security problem and is on the verge of an inflationary calamity for millions of low income citizens, all while it spends hundreds of billions of dollars on pointless climate change programs, diversity and inclusion initiatives and proxy wars. Something has to give, and the chances are growing that it will be the American consumer.