Real gross domestic product (GDP) increased in 37 states and the District of Columbia in the first quarter of 2016, according to statistics on the geographic breakout of GDP released today by the Bureau of Economic Analysis. Real GDP by state growth, at an annual rate, ranged from 3.9 percent in Arkansas to -11.4 percent in North Dakota. Construction; health care and social assistance; and retail trade were the leading contributors to U.S. economic growth in the first quarter.
Just because there is an economic plan for the country by this politician or that politician, it doesn't mean the country will do well. What needs to be done is for EACH state to be examined for lagging economic growth and then focused with initiatives that will revive dead economies.
Promising that tax cuts will deliver economic growth is treating Americans like morons simply because it is standard political issue. Political speech on the USA economy is stupid, catches those unaware of the true American economy in a net of ignorance and FAILS to bring sustainable growth to any state or region of the country.
Promising economic growth by exploiting natural resources is old world and completely out of touch with sincere and sustainable growth inspired through INVENTION and EDUCATION. Natural resources are not sustainable economies, eventually they are used up and in the case of 2016 is a dangerous and wasteful game.
One more time:
Construction; health care and social assistance; and retail trade were the leading contributors to U.S. economic growth in the first quarter.
What type of construction, why is it necessary, what purpose is it serving and how much of the USA's natural world was sacrificed to provide it?
Health care, what type, annual maintenance, emergency hospital care or long term care. Who is providing that care and where? What does the future look like with people currently being educated to provide that care? Is the education of vital people a part of the health care economy assessment, if not, why not? Then where is that reporting taking place in the analysis of economic growth to be sure those professionals are indeed in the pipeline.
What type of social assistance and why is that considered a part of economic growth? Is it more Wall Street welfare or sincere advances in education and training to sustainable job growth?
THINK PEOPLE.
THINK!
It is important to keep military manufacturing alive, but, it is not necessary to rely on military manufacturing when the products are outrageously out of control both in performance and cost.
The military spending, while important, is not all that to the overall American economy. The primary place military spending should take place is in support of our LIVE forces and not Wall Street.
