The GDP Has a Problem

The GDP Has a Problem
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Jeffrey A. Tucker
Updated:
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Commentary

The real GDP disappointed in the third quarter of this year, supposedly rising an annualized 2.8 percent, which is technically slower than last quarter. It was enough for financial journalists to once again assure the public that all is well and that you should be grateful for the prosperity all around you, even though two-thirds of Americans are living paycheck to paycheck.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]