U.S. Economy Grows Because It Stopped Buying Stuff, Genius!
Photo by Kouji Tsuru on Unsplash
Oh, I'm sorry, did I miss the part where the U.S. economy's 3% growth was celebrated just because imports took a nosedive? According to the Commerce Department, 'The GDP rebound primarily reflected a decrease in imports,' which means our economy looked good because we simply bought less from everyone else. Meanwhile, consumer spending 'picked up' modestly and business investment slowed notably â hey, thanks tariffs! So let me get this straight: the economy grew because we paused our global shopping spree? That's like bragging you're fit because you stopped eating cookies yesterday.
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Source: Axios | Published: 7/30/2025 | Author: Courtenay Brown
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