Share on facebook
Share on twitter
Share on linkedin
Share on email

Government Growing Even Faster than We Thought

The new revised numbers for the first quarter of 2024 GDP are out. Originally, we were told that personal consumption expenditure growth was 2.5% and government expenditures were up 1.2% – breaking the streak of government outgrowing the private sector. But wait. Those numbers have both been heavily revised with this final estimate to 1.5% and 1.8%, respectively. That means growth in government expenditures has outpaced growth in consumer spending for seven straight quarters.

This is completely unsustainable, being fueled by Biden’s multi-trillion-dollar debt binge. But Biden and the Left are in favor of big government, so they want it to grow and grow.

Unleash Prosperity Hotline


1155 15th St NW, Ste 525
Washington, DC 20005