

It’s pretty easy to pump up the official GDP Growth number by understating Inflation since the former is mathematically reduced by the latter.
You might have noticed frequent news (and people complaining) about the prices of things having gone up A LOT in the US and yet official Inflation figures are quite subdued.
Then on top of that, it’s an Election Year and the political pressure to massage then numbers to make them look good is likely higher than normal (plus they can always be corrected later, after the election).
The US might not practice China-level Economic-figures Massaging, but they’ve definitely been a lot more Fantastic and Fabulous (in that they have a lot more Fantasy and Fable to them) since the mad scramble to look good (or at least not as bad) after the 2008 Crash.
It’s even better: a lot of essential or close to it things are pretty much monopolies or cartels (for example, Internet access in most of the US) so people have no actual choice but to pay a specific entity whatever they chose to charge.
It’s like tax but without the upside of taxes (which is that they’re money that’s supposed to entirely end up benefiting you, even if most of it indirectly) because when you buy a product or service from a monopoly or cartel only part of it goes to cover the cost of the actual product or service you’re getting and a large fraction or even most of it goes to shareholder dividends, which has zero benefit for you.
I’ve taken to call these things Taxes Paid Directly To Private Companies.