solonsimmons.bsky.social
@solonsimmons.bsky.social
"When economic inequality concentrates surplus at the top and denies meaningful outlets for collective frustration and reform, it creates a pressure that demands release."
March 22, 2025 at 3:45 PM
Reposted
Here's the link to the AP story, quoting the Commerce Secretary, Howard Lutnick. The Bureau of Economic Analysis (BEA), which produces the GDP figures, is a supposedly independent agency within the Commerce Department.

apnews.com/article/trum...
The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product.
apnews.com
March 2, 2025 at 11:55 PM