GDP: imports, inflation and local government are the story
i clothed been out the entire morning and haven’t been capable to read any news reports on the gdp numbers. howsoever, i have just now had a gamble a accidentally to look at the text and wanted to share my thoughts with you, unfiltered by the media reports. i would sum it up by calling it a statement about the three i’s of imports, inflation and investment. but, i will also have a handful words to say take federal and local government spending as well. related poststhe gdp deflatorthe gdp’s inflation metric is clearly fake (update)state and local government weighed down by housingbreaking down the q3 gdp numberswill federal largesse be countered by state and local cutbacks?
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