gfm7175
Mega MAGA
It was just today announced that the Q1 GDP was (on the surface) a rather poor -0.3%. JPP's leftists are very quick to gloat about "Trump failing" without even realizing what is actually happening (and that the -0.3% figure is actually a "falsely low" figure).
So, what is happening? If you look at Table 1 of the GDP report (found HERE), you will notice
that investment is way up (21.9%), of which equipment is up 22.5%. You will also notice that imports are WAY up (41.3%), of which goods is up 50.9%.
What does this mean?? This means that companies are currently in the process of shifting their manufacturing from overseas and into the USA. IOW, this Q1 GDP figure is artificially low (to the tune of roughly 5 percentage points) due to a TEMPORARY but massive increase in imports due to Trump's tariff announcements.
Therefore, I predict that the Q2 GDP figure (announced at the end of July) will be MUCH higher than this misleadingly "poor" Q1 figure (I'm conservatively guessing that the Q2 figure will be at least 4%) as the huge spike in imports will no longer be present to deduct from the GDP figure anymore.
Side prediction: Cargo shipments from China to USA will severely drop during Q2 and the lying manipulative media will purposely ignore the fact that imports went through the roof during Q1, which is what caused the Q1 GDP figure to be "low". Since they MUUUUUST OPPOSEEEEEE TRUMPPPPP at every turn, they will do their typical cherry picking BS, solely focusing on the upcoming massive DROP in ORDERS from China (while purposely ignoring the massive INCREASE in IMPORTS during Q1). They will use that upcoming massive drop in orders in order to pretend that Trump's tariffs are "hurting consumers", even though the products that "aren't being ordered anymore" are ALREADY HERE (purchased in advance).
So, what is happening? If you look at Table 1 of the GDP report (found HERE), you will notice
that investment is way up (21.9%), of which equipment is up 22.5%. You will also notice that imports are WAY up (41.3%), of which goods is up 50.9%.
What does this mean?? This means that companies are currently in the process of shifting their manufacturing from overseas and into the USA. IOW, this Q1 GDP figure is artificially low (to the tune of roughly 5 percentage points) due to a TEMPORARY but massive increase in imports due to Trump's tariff announcements.
Therefore, I predict that the Q2 GDP figure (announced at the end of July) will be MUCH higher than this misleadingly "poor" Q1 figure (I'm conservatively guessing that the Q2 figure will be at least 4%) as the huge spike in imports will no longer be present to deduct from the GDP figure anymore.
Side prediction: Cargo shipments from China to USA will severely drop during Q2 and the lying manipulative media will purposely ignore the fact that imports went through the roof during Q1, which is what caused the Q1 GDP figure to be "low". Since they MUUUUUST OPPOSEEEEEE TRUMPPPPP at every turn, they will do their typical cherry picking BS, solely focusing on the upcoming massive DROP in ORDERS from China (while purposely ignoring the massive INCREASE in IMPORTS during Q1). They will use that upcoming massive drop in orders in order to pretend that Trump's tariffs are "hurting consumers", even though the products that "aren't being ordered anymore" are ALREADY HERE (purchased in advance).