GDP is a worthless calculation. It goes down as imports increase, it goes up as government spending does, and it increases not due to productivity, but if production of any kind has happened. In other ...
Gross Domestic Product (GDP) is a worthless number. The previous truth isn’t a defense of Donald Trump after the 0.3% Q1 GDP decline. Instead, it’s a defense of reason that requires the reasonable to ...
The Q1 GDP number, despite being negative, indicates strong demand as it was driven by a spike in imports due to increased consumer and business spending. Excluding the impact of net exports and ...
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