While the U.S. Bureau of Economic Analysis (BEA) reported a robust 4.3% annual increase in third-quarter real gross domestic product (GDP) on Tuesday, economist David Rosenberg is calling the headline number a “fugazi.” The ‘Fugazi’ Factor The president of Rosenberg Research argues that underlying economic weakness is being masked by government spending and depleted savings, calculating “true” growth at a meager 0.8%. The official BEA release shows widespread gains, with real GDP accelerating fr
Let me sum this up: Number no go up enuff. Ecobomy sadg. Giev moar stuff pls ok thx.
For real, who fucking cares. We all know shit is fucked and should give zero fucks about the libs fighting over the exact numbers. Growth could be 20% year over year at this point and none of us would be meaningfully affected, the money is all going right to the top. And it’s also just digital numbers that represent no real value anyway. The less real your work is, the more it is rewarded in the system, because the people at the top don’t fucking know any more what productive work even is. Layers upon layers of bullshittery and delusion that are somehow more important then billions of people’s lives. Fuck. I hate it here.
Let me sum this up: Number no go up enuff. Ecobomy sadg. Giev moar stuff pls ok thx.
For real, who fucking cares. We all know shit is fucked and should give zero fucks about the libs fighting over the exact numbers. Growth could be 20% year over year at this point and none of us would be meaningfully affected, the money is all going right to the top. And it’s also just digital numbers that represent no real value anyway. The less real your work is, the more it is rewarded in the system, because the people at the top don’t fucking know any more what productive work even is. Layers upon layers of bullshittery and delusion that are somehow more important then billions of people’s lives. Fuck. I hate it here.