Showing posts with label GDP 2025. Show all posts
Showing posts with label GDP 2025. Show all posts

Tuesday, March 4, 2025

Trump not only wants to move the goalposts for getting the costs of his tax cuts to $0, but also for calculating GDP

 Why, is there something bad on the horizon with GDP lol?

These people belong in jail, not in the White House.

 Trump official floats new approach on GDP, as economy is poised to slow sharply

... Although countries’ approaches to economic measurement can vary slightly, most adhere to a recommended framework by the United Nations’ System of National Accounts. The group makes periodic adjustments to account for new methodologies and circumstances, and is set to do so this year. But it would be highly unconventional for the United States to suddenly strike out on its own, said Diane Coyle, a professor at Cambridge University and author of “GDP: A Brief but Affectionate History.” ...