Alternative Economic Metric Signals Trouble Ahead Despite White House's Rosy Claims

The White House says the economy is growing well, but another metric called Gross Output (GO) shows trouble ahead.

GO gives a more thorough picture of the full economy compared to just GDP.

GO correctly signaled that the economy would improve after contracting in early 2022.

The government does not prominence GO because it goes against the view that consumers, not businesses, drive prosperity.

The text argues that businesses and production are actually key to economic growth, not just consumer spending.