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Economy
It's a No-Brainer: Economic Growth Is Happening Mainly in Red States
2024-02-19
[PJ] It might be the easiest answer on Jeopardy: Where is most economic growth in the United States happening?

If you took "Red States" you win a cookie. The United States is experiencing rapid growth and job creation, with most of the growth occurring in red states.

ABC News doesn't quite seem to connect all the dots. In fact, it misses the picture entirely, in favor of giving Joe Biden most of the credit for the economic surge.

"Dating back to when the president took office, he has enacted a set of historic legislative accomplishments that have very directly driven the historic labor market recovery and historic economic growth we’ve had," said Daniel Hornung, deputy director at the National Economic Council, a Biden administration group.

If you gave my dead grandmother $5.5 trillion and pumped it into the economy after an unnecessary shutdown due to a pandemic, she could grow the economy equally as well as Biden.

Any horse's patootie can grow the economy by waving a magic wand and creating trillions of dollars in economic growth thanks to government spending. The real trick is growing the economy by creating wealth thanks to private investment powered by tax cuts and other monetary vehicles. That's noninflationary growth, not the artificial imitation growth that Joe Biden created.
Posted by:Besoeker

#1  No surprise. The Blue States are downright unfriendly to business. What isn't sued, regulated and taxed out of existence is put out of business by thugs who smash and grab.
Posted by: JohnQC   2024-02-19 23:40  

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