Episode 144 • • 1:04:17 - 1:07:17
144: Hemorrhagic Flu Outbreak!
GDP Growth Analysis and Government Stimulus Programs
The U.S. Commerce Department reported a 3.5% increase in GDP, but analysis suggests this growth was artificially inflated by government stimulus programs. Specifically, "Cash for Clunkers" and incentives for durable goods like refrigerators drove temporary spending. The hosts argue that these numbers are not sustainable once the subsidies expire.