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Anonymous
Anonymous asked in Social ScienceEconomics · 1 month ago

where did this "4 percent growth" that everyone has been talking about happen exactly in the U.S. Economy?

how is it possible when we have like 750,00 + people file for first time unemployment EVERY WEEK and this has been going on for the entire past year?

Update:

why are people still buying stocks at these insanely inflated prices? do they really think that the stock market is going to go up by much

they think the economy is on fire ? really? how? every week there are 750,000 + new filed unemployed and this has been going on every week for over a year now

8 Answers

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  • Oiy
    Lv 7
    1 month ago
    Favourite answer

    You might be correct in your ambit because it is very hard to find work. The most small businesses have been collapsed. but the 4% growth is there, and based on the lated prediction it would be 6.5% in 2021. And investors believe this prediction to become true. They are buying 10 year bonds day and night. The stock buying back is coming into an end. The consumptions are going up. So is the investment. The most worrying is in the labor markets. People who left jobs to take care their kids will not be able to come back. And the most worrying of the nation is a huge mountain of public debts. What are we going to do about it?

  • Anonymous
    1 month ago

    It happened because grade school arithmetic tells us 4% coming off the bottom of the barrel is easy.  The 4% is hard when the barrel is full.  They are buying stock because that is the direction the train is moving and they don't want to get left behind.

  • 1 month ago

    Seems like the entire economy is set for one massive dead cat bounce. 

  • 1 month ago

    Obviously there is variation in the economy, and some sectors are doing better than others. 

    4% GDP growth means that the gainers are far outpacing the losers. 

  • 1 month ago

    Vaccines had a lot to do with it and personal consumption.  Within a few more months I believe we'll see an entrepreneurial explosion.  If the government in the USA would step aside so the people can do their thing, we will be okay.  We would have done better under President Trump, but even the Democrats have caused the people to work harder time and time again.  In America, freedom is precious to us and we give our Lord Jesus the praise for our blessings.

  • Anonymous
    1 month ago

    Why don't you ask "everyone" instead of bothering us if you can't be troubled to provide any links or even hints?

  • 1 month ago

    Pharmaceutical Companies! That is where the smart money is going. Mandate vaccines and Vaccine ID's - money to be made!

  • Anonymous
    1 month ago

    There was a net gain of 400,000 jobs in February, dummy. 

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