October 31, 2024

How the US has a healthy economy, unhealthy politics

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American politics may be in failing health but the American economy is thriving – no matter how much Donald Trump talks about a country in decline and the need to “rescue” the economy.

The latest quarterly GDP figures show the US economy expanding at a 2.8 per cent annual rate, driven by strong consumer spending and business investment with low unemployment and rising real wages.

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