Well, its now August 2023 and US Industrial Production for July increased … to 2007 levels. This comes after the massive spending out of Washington DC and massive Federal Rerserve stimulus.
Is that all there is??
![](https://confoundedinterestnet.files.wordpress.com/2023/08/usinsuryddddd.png?w=1024)
US Industrial Production is DOWN -0.23% YoY while up slightly in MoM terms.
![](https://confoundedinterestnet.files.wordpress.com/2023/08/image-38.png?w=914)
As I said a couple of days ago, the Obama/Biden economic model is a Soviet/Chinese Communist Party (CCP) style of COMMAND economics, not free market DEMAND economics.
As if dimwitted Mean Joe Biden has a clue.
![](https://confoundedinterestnet.files.wordpress.com/2023/08/image-37.png?w=300)
Views:
50