"The Best Negative Print"

Posted 5/2/25

C+I+G+(X-M).   For all the scientifically notated plumage economists and policy makers clutch as adornment, the arithmetic of Gross Domestic Product is cruelly simple.   Consumption, Investment and Government Spending, plus Net Exports makes an economy. In the first quarter of 2025, US net exports reduced the GDP by nearly five points, the greatest drag since 1947.

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