Government Claims of 4.3% GDP Growth are False
Moody’s Analytics chief economist Mark Zandi cautioned against drawing premature conclusions about the strength of the economy, warning the recently announced 4.3 percent GDP growth is “fragile” because of a lack of job growth.
He said it, “is not worth celebrating without seeing meaningful job growth… Businesses still aren’t hiring, and, as a result, there is no job growth. Job growth, at best, is flat, and, I suspect, is even down after revision,” Zandi said. [News Nation]
Government growth stats are also false because they are not adjusted downward for the inflation of consumer prices. Almost all growth is accounted for by inflated prices, not actual growth.
– Joel Skousen’s World Affairs Brief, 12/26/2025