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Reply to "Trump 47 Economy"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The -.3% is because of a large boost in imports ahead of tariffs, which is a negative in GPD calculations. [/quote] Imports do not reduce GDP. In the GDP formula they are subtracted because they are included in C, I and G, and the goal is to isolate domestic production. If imports hadn't surged, CIG would be lower. Imports are independent of domestic production. GDP = C+I+G +(X–M) https://fredblog.stlouisfed.org/2018/09/do-imports-subtract-from-gdp/[/quote] Steering the economy constantly with artificial subsidies like massive green energy subsidies causes economic dislocation and deficits. Who knew? Now we're like a heroine addict coming off the sugar. Printing dollars endlessly and dropping helicopter money everywhere had long term consequences. Shocking, eh?[/quote] The US Government has spent $220 billion more dollars in 1Q 2025 than in 1Q 2024. [twitter]https://x.com/macfarlanenews/status/1917218258509566321?s=46&t=kf1qYlCXQnKgUhJWEIu2vg[/twitter][/quote]
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