Goldman Sachs predicts U.S. economy will grow 8% this year (user search)
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  Goldman Sachs predicts U.S. economy will grow 8% this year (search mode)
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Author Topic: Goldman Sachs predicts U.S. economy will grow 8% this year  (Read 3954 times)
LAKISYLVANIA
Lakigigar
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Posts: 15,157
Belgium


Political Matrix
E: -7.42, S: -4.78

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« on: April 01, 2021, 11:47:11 AM »
« edited: April 01, 2021, 11:52:25 AM by Laki »

Since when is Goldman Sachs a neutral institution with no interests of their own. When will the working class get back to pre-2019 levels, that is a much better question to ask ourselves. What are numbers worth if you don't experience them as yourself.

The only thing I do know is that life got more & more expensive. What I also do know is that I still have the same income as in 2014 arguably even less. Than things like: "the economy will grow with 8%" or "we are in the deepest recession since the Great Depression" are absolutely meaningless to me, and if no people do it will have no impact on the upcoming election results, perhaps only in a way that there will be envy towards other people and more unhappiness with how the growth is shared among the population. Despite the recession and the worst pandemic in a century, Trump almost got re-elected.

It's just a number, it doesn't change OR impact my life meaningfully.
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LAKISYLVANIA
Lakigigar
Atlas Icon
*****
Posts: 15,157
Belgium


Political Matrix
E: -7.42, S: -4.78

P P P
« Reply #1 on: April 01, 2021, 01:22:48 PM »

Since when is Goldman Sachs a neutral institution with no interests of their own. When will the working class get back to pre-2019 levels, that is a much better question to ask ourselves. What are numbers worth if you don't experience them as yourself.

The only thing I do know is that life got more & more expensive. What I also do know is that I still have the same income as in 2014 arguably even less. Than things like: "the economy will grow with 8%" or "we are in the deepest recession since the Great Depression" are absolutely meaningless to me, and if no people do it will have no impact on the upcoming election results, perhaps only in a way that there will be envy towards other people and more unhappiness with how the growth is shared among the population. Despite the recession and the worst pandemic in a century, Trump almost got re-elected.

It's just a number, it doesn't change OR impact my life meaningfully.


The US is doing much better economically than Europe right now

Yes i can believe that for sure, since our covid measures totally don't make much sense, and are quite restrictive where it doesn't have to be (like a curfew? like why should people not be allowed to make a night walk, there are less people outside at night than during day -> i feel like covid has been used to introduce very authoritarian measures for no reason, and all people just take it and it annoys me).

All of these measures probably yes hurt the economy, except for that people are required to continue to work, so that the economy wouldn't hurt. I have the sense that in the USA the measures aren't that restrictive (although depending from state to state).
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