Page 2 - Growth Level News Today : Breaking News, Live Updates & Top Stories | Vimarsana

1%. the low and non-alcoholic, look at this growth level. it's up 25%, don. so this is what's being reflected in the google searches. the all-alcoholic market is still the dominant market, but people are getting more and more interested in these low and non-alcoholic alternatives. >> i don't think you should be surprised. if you start at the bottom, it's low, there's nowhere to go but up. >> but here's what i would point out. i do think there is this idea with alcoholic drinkers, why is it that non-alcoholic beverages are starting to become a larger share of the market? we get an idea here. al...

We're right now in a contraction. the first quarter contracted 1.6% and this morning you've got the atlanta federal reserve expecting a contraction in the second quarter of 1.9%. goldman sachs is expecting growth but taken the growth level down. in a nutshell, the economy is in a contraction. we're not growing. however, the jobs market so far has not been impacted too negatively from the sticker shock of inflation. it has impacted the corporate earnings sector and impacted the stock market. there is a wealth effect there that could play into all of this. but we'll see if this is the last stron...

As opposed to the 2025 that was projected right before the american rescue plan passed. and i can't say this enough. the united states is the only major country in the world that returned to our growth level, our output level by the end of june. all of our other major partners are still behind even when you add the third quarter. so you cannot tell me that the -- these things would have happened without the american rescue plan. there is just no evidence we would be the only country in the world to have returned to our growth output level by the end of june without the american rescue plan or ...

2025. then, the american rescue plan passes, let's see what's happened since then, jobs are up about 580,000 a month. let's just think about that for a second. that means that about every day in the united states, there are about ten more jobs created for every one job that was created before joe biden came into office. unemployment hits 4.2% in 2021 as opposed to the 2025 that was projected right before the american rescue plan passed. and i cannot say this enough, the united states is the only major country in the world that we turn to in our growth level. our output level. by the end of jun...

For it is by taxing more. so the spending means larger government which means a smaller citizen isly, smaller private sector -- citizenry. smaller productivity, less growth. this is 13 years now, 13 if years since the financial crisis that we have not been able to get our growth level back to -- a trend that was in place for 50 years. that is because of the government spending crowding out the private sector and enabling things to continue that shouldn't be able to continue. it's highly distortive to the economy, neil. neil: gentlemen, thank you for that. in the meantime the, i do want you to ...