2021-05-04

Spending like there is no tomorrow

A hundred million Americans have been vaccinated. The problem no longer is producing and distributing enough vaccines for the public but finding enough people who want to get them.

Whereas FDR confronted a 25 percent unemployment rate during the Great Depression, Joe Biden inherited an economy on the verge of takeoff.

GDP grew by 1.6 percent in the first quarter, or at a 6.4 annual rate. Some projections have GDP this year growing at the fastest clip since 1951. Consumer spending is expected to be the highest on record.

Biden has no excuse for his massive spending because the crisis is over (nypost.com)


No comments:

Post a Comment