What, specifically, do you think caused this drop in GDP?Trump's economics helped the economy to go minus in just over two months in office. He and his cronies are trying to blame it on Biden, but Biden had the economy growing now it has gone into a slide. We need to step back and change the direction unless we want negative growth to continue.
For one thing his tariffs. They have caused investors and companies to hold back on production and growth. At the same time consumers have reduced spending and we are a consumer driven economy.What, specifically, do you think caused this drop in GDP?
Do you understand that GDP is not an indicator, but a snapshot of how our economy grew or lost in a three month period.Indicators are up and down, but overall the economy is growing and he market is doing well. IF the make it up bullshit media and democrat no leaders party would stop spreading lies for the sake of it, things would grow even quicker. Oh, wait the democrats don't want Trump to be successville. They'd rather the country slip into a recession, get into a forever war and have another Chinese plague. Sour bunch of weirdo's who can't tell men from women.
Indicators are up and down, but overall the economy is growing and he market is doing well. IF the make it up bullshit media and democrat no leaders party would stop spreading lies for the sake of it, things would grow even quicker. Oh, wait the democrats don't want Trump to be successville. They'd rather the country slip into a recession, get into a forever war and have another Chinese plague. Sour bunch of weirdo's who can't tell men from women.
No overall the economy shrunk.Indicators are up and down, but overall the economy is growing
re·ces·sionThey'd rather the country slip into a recession,
Wrong.For one thing his tariffs. They have caused investors and companies to hold back on production and growth. At the same time consumers have reduced spending and we are a consumer driven economy.
This post is MAGA poetryIndicators are up and down, but overall the economy is growing and he market is doing well. IF the make it up bullshit media and democrat no leaders party would stop spreading lies for the sake of it, things would grow even quicker. Oh, wait the democrats don't want Trump to be successville. They'd rather the country slip into a recession, get into a forever war and have another Chinese plague. Sour bunch of weirdo's who can't tell men from women.
So trumps policies backfired.Wrong.
The reason for this drop in GDP is the excessive buying of Chinese junk by the likes of Walmart and Target. They feared the price of Chinese stuff exploding, so they bought massive amounts of goods before the increase in price. That is imports, which is a negative in the GDP calculation. It also increased our trade deficit.
If they buy in advance and then sell it. The debt goes away. There will be a import gap because of you guys and his 155% tariff.Wrong.
The reason for this drop in GDP is the excessive buying of Chinese junk by the likes of Walmart and Target. They feared the price of Chinese stuff exploding, so they bought massive amounts of goods before the increase in price. That is imports, which is a negative in the GDP calculation. It also increased our trade deficit.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?