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Wednesday, December 25, 2024

Virginia U.S. Rep Don Beyer: "Driven by continued growth in consumer spending and business investment, GDP data reflect confidence..."

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Don Beyer tweeted the following:

"Driven by continued growth in consumer spending and business investment, GDP data reflect confidence in a resilient US economy. Firms are expanding operations as investments from the CHIPS and Science Act support domestic production in key industries and boost manufacturing jobs."
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Here are other recent tweets from Don Beyer:

"An even better-than-expected GDP report is a result of an economic agenda that is focused on workers, families, and small businesses. Real GDP has now recovered more than made up for the first and second quarters, and pandemic issues that disrupted supply chains are normalizing. twitter.com/JECDems/status"
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"The Hill: A Debt Ceiling Showdown In Congress Could Send US Economy Into Tailspin
Republican leaders are saying they *want* this
thehill.com/policy/3703950" on Oct. 26
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"Republicans Denounce Inflation, But Few Economists Expect Their Plans to Help | NYT
Economist at the conservative American Enterprise Institute: It is unlikely that any of the policies proposed by Republicans would meaningfully reduce inflation in 2023"
nytimes.com/2022/10/26/us/" on Oct. 26
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