After this (IF there is an after), if I ever hear another “”“”“undecided”“”“” voter complain about the economy, I’m actually gonna lose my shit. Everyone saw this coming from 1 AU out, there was literally no reason to vote this asshole in.
Time to eliminate whatever agency handles GDP data
Inflation! The price of eggs! Invasion of Ukraine! All problems that will be fixed on “day one” if he gets elected. He’s the only person who can deliver!
It’s bad and 100% caused by tariffs but a quirk in the way GDP is measured needs to be considered when interpreting this number- imports essentially as negative GDP, so when everyone scrambled to import everything before the tariffs went into effect it made GDP go really low. The idea is that when you sell the imported item that is counted as positive GDP so selling an imported item is basically GDP neutral, but a lot of this stuff hasn’t been sold yet. That said, it’s still a bad sign and still 100% caused by tariffs. It’s just not immediately what it looks like.
At the very least we confirmed Taiwan was a country on this chart.
