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
US Shutdown Hits 40 Days, Senators Finally Hustle Sunday AF
Businessinsider
Thanksgiving Airlift Cancelled: Controllers Ditch Paychecks, Not Turkeys
Businessinsider
Trump Fights Judge Over Food Stamps Like Itâs WWE Finals
Axios
Zuccotti Park Gets Christmas Glow-UpâBankers Cry Silent Tears
Businessinsider
Texas Girl Dates Twin, Accidentally Skyrockets Standby Airport Drama
Businessinsider
Kristi Noemâs Phantom Jets: Engines Sold Separately, Please!
Theguardian