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Episode 237: The 2Q 2024 GDP number was WHAT?
1 year ago
14
Podcasts
Education
Zero Hedge
GDP
Gross domestic product
U.S. GDP numbers
BLS
Bureau of Labor Statistics
Bureau of Economic Analysis
BEA
This episode reviews a recent article from Zero Hedge titled “Mystery of upward GDP revision solved: You are all $500 billion richer now according to a revised Biden admin spreadsheet.” The article highlights how the 2Q 2024 GDP numbers were “adjusted” for a more positive result. The GDP numbers are being manipulated just like the unemployment numbers. A link to the Zero Hedge article is included below.
Link: Mystery Of Upward GDP Revision Solved: You Are All $500 Billion Richer Now According To A Revised Biden Admin Spreadsheet | ZeroHedge
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