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3. Haven't read the whole article, but it sounds like they're saying the economy is actually doing weird things,
Thu Jul 31, 2025, 09:31 AM
Jul 31

I agree it's wise to be wary that Donnie's minions will cook the books at some point, but I'm seeing no evidence of this (yet). This report is consistent with the private data I have available at my job.

In a way, he's cooking the economy. Tariffs drive prices up, so consumption is going up in part because Donnie effectively slapped a tax on it. So gdp appears to go up to the extent of extra tariffs even though we're getting no real value out of it. I don't know if they subtract out tariffs collected from government expenditures to offset this.

I guess what they're saying is that gdp is up but in a way that doesn't sound good and healthy for long-term economic growth.

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