蘑菇视频

U.S. Gross Domestic Product update

. The numbers surprised economists, who had predicted a 1% gain.The 蘑菇视频 Center for Opportunity’s (GCO) take: “The tab is coming due for all the reckless stimulus spending during the COVID-19 pandemic,” said聽Erik Randolph, GCO’s director of research. “The declining GDP in the first quarter is the strongest indicator yet that our nation is headed into a recession. Even worse, our trajectory is straight toward stagflation, an environment marked by rampant inflation combined with high unemployment. This will hurt poor and middle-class Americans the most.”