Calling Dr. Trump, GDP In Grave Condition

Written by Sybele Capezzutti on . Posted in Sybele On The Level

For the ones who think our economy is doing well, you really need to understand GDP.

GDP (Gross domestic product) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period. It is the "pulse" of a Country's economy and determines if it's growing and healthy, suffering of a chronic illness, if it's near death or on life support.

The higher the GDP growth the better the Country is doing.  Keep in mind that the GDP needs to grow with the population.

China's GDP growth rate is currently 6.6%, Iran's GDP is 4.6%.  Compare it to the US at 1.6%, that's the same growth rate for Lithuania!

Contrary to what the government wants you to believe our economy is near death, a few more years with only a little over 1% growth and it will be on life support....in simple terms - we're heading to another recession, it's just a matter of time.

You can ignore it, be an optimist, believe what the government tells you, and be caught by surprise when they next recession hits. Or you can learn how the economy really works, throw away all the ridiculous information you're given and study it yourself and understand that the published unemployment rate doesn't reflect reality, that salaries have been stagnate for the last 20 years, that inflation would be at about 20% if they added cost of food and gas to their calculation, that the stock market doesn't reflect your daily life, that only the rich have actually done well during the last decade, that big businesses are getting bigger and small businesses closing, that your grocery bill is 30% higher than it was a little over a year ago...and the list goes on.

We are now exactly where Brazil was 20 years ago; look at where they are now.  Like Trump or hate him, the undeniable fact is that he understands our economy needs serious revival. The kind that looks like a defibrillator or the patient is not going to make it.

Trump is no doubt a doctor with horrible bedside manners, but let's not sue him for malpractice before he has the chance to save the patient..!