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.
Share the Story
(1 of 3)
Swipe to navigate
Source: Axios | Published: 7/30/2025 | Author: Courtenay Brown
More Articles in US News
Couple Buys Moldy Lakefront RV Park, Pretends Itâs Boutique Hotel
Businessinsider
Sydney Sweeney's $1M Flop, Trump-Approved Jeans & Bathwater Soap Fiasco
Mockingbirdnews.org
Digital Nomad Trapped in Lisbon FOMO, Ends Up BFF Ghosted
Businessinsider.com
Trumpâs FBI Kicks Locals Out Of Minneapolis Shooting Like Guest At Bad Wedding
Axios
Americans Ready To Fall In Love With Painful Tax Deadlines Again
Businessinsider
Trump Promises 10% Credit Cap Starting Day Heâs Not Actually President
Businessinsider
Minneapolis Tells ICE To 'Get The F--- Out' Meanwhile Homeland Security Writes Yelp Reviews
Axios
Minneapolis Mayor Accuses Feds of Playing Hide-and-Seek Over Neighborâs Fatal Car Stop
Theguardian
Chinese Crackdowns Cut US Fentanyl Supply, Trump Declares Pills Weapons of Mass Destruction
Axios