False analysis

 "This is misleading because consumers are not the main driver of the economy, they are the only driver." #Economy #Consumers #GDP

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At Least Three False Ideas in One Story - Econlib

The Wall Street Journal story on the GDP drop in the first quarter of 2022 echoes at least three false or misleading ideas that have passed into conventional wisdom. Some are offspring of John Maynard Keynes who, although an elitist dilettante, was not unintelligent and was certainly a genius (a rat...