The Federal Reserve Bank may end up reporting GDP growth as high as 5.6 percent on annualized basis in the third quarter of 2023, doubling previous internal estimates, Bloomberg reports on something we’re not going to otherwise pretend to understand but it sounds pretty impressive.

“Any read on GDP growth above 3.2 percent would mark the strongest quarter since 2021, when the US was experiencing a rapid recovery from the initial shock of the pandemic. The acceleration is in stark contrast with the outlook for China, which has been downgraded in recent weeks amid a mounting property crisis,” Bloomberg writes in their report which sounds like good news.

Well unless you’re one of those people who don’t like good economic news when it means you have to stop repeating tired cliches like “Americans vote with their wallets!” because doing so consistently in such situations is effectively an acknowledgement that victory is less than assured for the candidates you prefer in the next election. Then it’s bad news and decidedly at cross purpose with whatever actual sincere desire one may have for economic growth and for middle class families to prosper and so on and so forth. Which was supposed to be the reason you were constantly complaining about the suffering caused by current economic policies in the first place rather than simply exploiting whatever electoral advantage that could be gained by said suffering.

And yeah we were talking about Republicans, who are going to be fucking PISSED if “Bidenomics” ends up getting validated by 5.6 percent gross domestic product growth in the third quarter.