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$2.7 Trillion Buys ‘Spectacular’ GDP

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$2.7 Trillion Buys ‘Spectacular’ GDP
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Peter St Onge
Updated:
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Commentary

Fresh gross domestic product (GDP) numbers came in, and it was a blowout. The kind of blowout that only a $2.7 trillion government deficit can buy while the private economy crumbles around it.

Peter St Onge
Peter St Onge
Author
Peter St Onge is an economic research fellow in the Roe Institute for Economic Policy Studies at The Heritage Foundation. He holds a doctorate in economics from George Mason University and is a former professor at Taiwan’s Feng Chia University. He blogs at Substack.com/@profstonge.
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