No one has said this or argued this. Straw man arguments are trash.
Eh I kept hearing “Day 1, on Day 1, Day 1” guess that’s changed.
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You can already see it coming, the American people are going to be told to tougher up or else its your fault we lose to China.
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NRG is a big China lover
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I haven’t seen it. Certainly not supporting things I was responding to.
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Flood the zone.
Truth is secondary.
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What a ridiculous thing to say.
I simply acknowledge what they are - what they are good at and the bad too. Know your enemies; be foolish to underestimate them.
If that rattles your cage…great 
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Are we winning yet?
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Guess the economy is tired from all the winning and is taking a break too.
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Influx of pantic imports (due to tariffs) resulted in a contraction.
The following quarters will be interesting.
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The GDP contraction helps educate citizens on how to calculate GDP.
One of its elements is the “net” export/import numbers. If imports exceed exports it produces a NEGATIVE result for GDP.
Thus, forever, our Nation on purpose has created a negative GDP result via excessive imports.
If all this is successful we wil see this element of GDP calculation become positive, thus Increasing National wealth rather than draining it.
I actually studied all of this at good old UH College of Business.
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Might want to retake that class.
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The copium is strong.
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“China made a trillion dollars selling us stuff. Much of it we don’t need. Somebody said, ‘oh, the shelves are gonna be open.’ Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more.” Real quote by the way,
America get ready to tell your kids it is going to be a lean Christmas this year
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Fixed that one for you
The children’s tears will water the new seed of American isolationist prosperity
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The class was correctly absorbed
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I took the same class and you are leaving out Consumer spending, Investment, and Government spending as part of the calculation as well.
Consumer spending is down as inflation, a recession and market anxieties are now affecting the country.
Government spending is down and private investment can not off set this.
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Hey this America we’re allowed, nay encouraged, to favor the simple explanation while ignoring nuance and complexity. It’s Occam’s Razor but for simpler people.
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This. I spend $10 (C) on a widget and it’s an import it gets accounted for by subtracting it out with (M). $10-$10=$0.00. But people see (X-M) and think that it’s negatively impacting GDP when in reality in large amount of cases we don’t even domestically produce the widget at all.
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GDP = C + I + G + (X-M)
C - Consumer spending
I - Investment
G - Government spending
X- Exports
M - Imports
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I did not list the entire GDP calculation. Merely pointed out that we have a loss on imports