Second Stimulus - GDP the past 12 months has been a zero sum game with wages => corp profits via inflation/spending and income => tax receipts via stimulus withdrawal. The spike at the bottom was the last stimulus in March/April 2021, and the second half was clawback of pre-payments from the CTC. https://t.co/xYsXIiilqA

4:15pm PDT - August 10th, 2022

GDP the past 12 months has been a zero sum game with wages => corp profits via inflation/spending and income => tax receipts via stimulus withdrawal. The spike at the bottom was the last stimulus in March/April 2021, and the second half was clawback of pre-payments from the CTC. https://t.co/xYsXIiilqA

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Teddy Salad (@arobertbitter)