[Salon] US consumer spending on healthcare and government expenditures accounted for over 50% of US GDP growth in Q3 2024

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Subject: [Salon] US consumer spending on healthcare and government expenditures accounted for over 50% of US GDP growth in Q3 2024
From: Chas Freeman <cwfresidence@gmail.com>
Date: Sat, 1 Mar 2025 16:24:07 -0500
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This is incredible:

US consumer spending on healthcare and government expenditures accounted for over 50% of US GDP growth in Q3 2024.

Consumer spending on healthcare services alone accounted for 25% of GDP growth in Q3 2024.

Government spending accounted for 28%, a combined total of ~53%.

The majority US economic growth now comes from healthcare and the government through taxes and debt.

Since January 2023, the government has created more jobs than the tech, finance, construction, and manufacturing sectors COMBINED.

What happens if @DOGE cuts these jobs?

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