https://www.foxbusiness.com/economy/us-economic-growth-gdp-first-quarter Looks as if Biden’s policies are starting to show. You can’t do what the democrats are doing and expect growth. More red tape on industries that the price markets indicate can grow such as oil as one example is counterproductive to economic growth.
Lol Considering the western nations should be increasing trade with eachother to exclude/ replace Russian dependence this is remarkable
They can’t. This is their economy now. Trump left a growing economy when Biden came in. Now without COVID he still can’t keep a country growing.
We'll see. I spent less during the first quarter. It was because I wanted to make it out of winter as unscathed as I could because of the insane natural gas bill I got for mid-January to mid-February that was over twice the usual charge because the pass-through costs doubled and I knew I had a big state tax bill to pay on April 15. Car gas I don't worry about as much as some others. I can go three weeks between fill-ups if I have to.
With housing prices and rents higher, and fuel prices higher, Americans have less money left over to spend on other things. That would be my guess.