Schumer: Strong GDP Number Is A "Mirage," Trump's Tariffs Are Weighing Down The Economy

Christopher Lucero | A GDP Ranking Correction

It is not unexpected to find that some persons are ignorant of current events. Recently the gross domestic product ranking of California has been misstated as “fifth largest.” To inform: California became fourth ranked in worldwide GDP earlier this year (April). While this advance in rank was happening in California the U.S. Bureau of Economic Analysis also estimated (for three consecutive estimates now) that the overall U.S. economy experienced…

From ‘He’s crashing the economy’ to ‘It’s a mirage’ - Washington Examiner

FROM ‘HE’S CRASHING THE ECONOMY’ TO ‘IT’S A MIRAGE.’ Go back three months, when the government released gross domestic product numbers for the first quarter of 2025. The report was that GDP fell 0.3% in the first quarter, later revised to 0.5%. That would have been disturbing except for the explanation: In anticipation of President Donald Trump‘s tariffs, many businesses increased their imports to stockpile as much as possible before the tariffs…

New GDP Report Shows Astounding Growth in Trump’s Economy – California Globe

Some radio and TV hosts might want to consider refraining from practicing economics live on air. Most do not understand President Trump’s tariffs, nor do they understand the basics of GDP – Gross Domestic Product, the total value of goods and services produced by a country in a year. Some are still claiming that the economy is unstable because of Trump’s tariffs. In March, I reported, “Critics of Trump are hysterical over his promise of reciproc…

WHAT GROWTH? ABC 'World News Tonight' Snubs Stellar Q2 GDP Economic Growth

WHAT GROWTH? ABC 'World News Tonight' Snubs Stellar Q2 GDP Economic Growth You know some serious TDS is afoot at the House of Mouse when its flagship evening news program chooses to be the only one of the Big Three networks NOT to cover the Trump economy once again defying the so-called experts. Yes, ABC World News Tonight actually chose to pretend like the Bureau of Economic Analysis’s report that GDP grew at a stellar 3 percent in the second …

US Economy Takes Off: Economic Growth at 3% for 2nd Quarter - Geller Report

Economy: U.S. economy grew at a 3% rate in Q2, a better-than-expected (2.3% estimate) pace even as Trump’s tariffs hit Consumer spending rose 1.4% in Q2 (0.5% in the prior period) While exports declined 1.8%, imports fell 30.3%. Inflation at a four year low. Stocks are up on the news. Winning! Once again, the economists were wrong and the panicmongering Democrat media axis lied to the American people. Again. And again. U.S. GDP growth rips faste…

Bottom Line Undercuts Hot Quarter for Top-Line US GDP

When a car’s engine runs hot, it’s best to take a look under the hood. When the country’s economic engine does the same, peek at the underlying data. US gross domestic product grew at an annualized rate of 3% in the second quarter, the Commerce Department said Wednesday, a seemingly white hot turnaround from 0.5% in the first three months of the year. Economists anticipated a 2.5% rate, so the better-than-expected top-line figure was cause for c…