Hacker News new | ask | show | jobs
by satanfirst 413 days ago
You skipped the next sentence where these are partially canceled out by investment, consumer spending, etc.

Not wrong, deceiving. Real GDP is down because of some factors that cancel out and because the President sucks. Is the correct way to read that executive approved message.

https://en.wikipedia.org/wiki/Howard_Lutnick

https://www.bea.gov/

"These movements were partly offset by increases in investment, consumer spending, and exports."

You can't make someone understand what that investment and consumer spending is if their job depends on not understanding it.