US Commerce Secretary and Elon Musk: Exclude Government Spending from GDP.
#GovernmentSpending #USGDPHoward Lutnick discusses potentially excluding government spending from GDP reports as part of the Trump administration's economic strategy, echoing Elon Musk's sentiments. This move might complicate measuring the US economy's health. read more
Democrats Warn Trump's Mass Deportation Plan Could Hurt Economy
#TrumpDeportations #USGDPA report warns that Trump's proposed mass deportations could lead to a 7.4% drop in the US GDP, potentially harming the economy more than the Great Recession. The plan could result in job losses, increased costs, and reduced economic growth. read more