The GDP rate went up 2.9 percent in the fourth quarter of 2022 and unemployment remained at a 50-year low. However, the Federal Reserve is expected to raise interest rates again to tame inflation. NBC News’ Tom Costello reports on what this could mean for consumers.
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#NBCNews #GDP #Unemployment
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Now if we can prevent a senseless war with Russia, the economy will be 5 star again.
They know everyone's eyes are on these pointless adjustable numbers
Anyone remember that song Thank You by MKTO?
LMAO EVERYWHERE IS UNDERSTAFFED AND NO ONE HAS MONEY THIS IS SUCH A JOKE
The problem is that the circle of consumerism is broken, the rich aren't spending, they aren't paying enough taxes, and they aren't paying people enough.. its going to create a situation where its all worthless or we go to something else.. avoidable if the rich spend like no tomorrow pay the right taxes an pay people right.. then they can make money in the future too.. its not "who has the biggest bank account club" time, its "brass tacks we are teetering on the brink and its down to survival" time.. you corporation owners gotta be more patriotic.. pay people more an you can raise prices just fine.. and the circle will be restored..
Hmmm, who knew the problem with almost everyone opening their own businesses can cause these type of things? Guess they never heard of supply and demand…
Let's see what the GOP finds to complain about this news.
This is completely false bc there are more people living off the government more than ever…. Ignorance
I have put alot of applications out but it seems the companies that say they need new hires are spilling bs.
Lies lies and more lies! Inflation is much higher than they are reporting
I'm done sitting tight for the award advance since i acquire$23,000 every 12 days of my investment…
Well if you work and also by groceries you will know all of these numbers are lies
Wage up faster than inflation??? Lol. What a joke. My salary increased 6% and inflation is like 8%. Two yrs ago my salary went up 4% and inflation was like around 8% (I guess, if not higher).
GDP isn't even a measure of the health of the economy anyway. Unemployment and cost of living Vs wages are.
US Economy is just fine, even if there's a recession. The Ultra Rich can afford to shed some wealth to support it. 😁
Well no duh. Slowing the economy is necessary to combat inflation. Reagan had no problem causing a recession because inflation was too high and he was harsh. It just seems like all complaints are from wall st. Sorry boys main street is important too.
Inflation up 11% but GDP only 2.9%? That's bad floks!
Employment may be up but it's mostly part time jobs.
Yet more proof that media refuses to admit that the 'Market' is not the economy, and GDP is not the standard of living.
They won't ever tell you that a great economy and growing GDP is just as easily applied to the Few Feudal lords with lots of poor peasants and slaves. And day by price-gouged, underpaid day, that's what we're getting.
Wall Street is NOT Main Street!
老實說，我們都記得這個視頻：-
https://youtu.be/qfw4YI_u8d4