The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace.

The Commerce Department said the economy expanded last quarter at the fastest pace in nearly two years — and more than twice the 2.1% annual rate of the previous quarter.

Thursday’s report on the nation’s gross domestic product — the economy’s total output of goods and services — showed that consumers drove the acceleration, ramping up their spending on everything from cars to restaurant meals. Even though the painful inflation of the past two years has soured many people’s view of the economy, millions have remained willing to splurge on vacations, concert tickets and sports events.

    • Sterile_Technique@lemmy.world
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      1 year ago

      Resorting to violence or even a full blown coup wouldn’t come close to sinking to their level if it’s actually justified. Doing that kind of thing because your team lost a vote or because you hate non-white/non-straight/non-Christian/non-male people would be stooping to MAGA’s level. Decapitating a handful of supervillains who have their boot on humanity’s neck is a gain for everyone except our oppressors.