Fixing GDP Problems Created in Washington DC
The answer is the mismanagement of information by the Trump administration. I’m going to discuss fixing GDP problems created in Washington DC. Continue Reading →
Tag Archives: imports
Why the GDP Equation Subtracts Imports
GDP is gross domestic product. It measures total production, the total output of an economy. We use national income accounting to add up GDP. Continue Reading →
Imports Do Not Vanish
mports are the big story today. Sellers who rely on imports, anticipating tariffs, increased their purchases to build up inventories. While that’s a nice story, the data does not support it. Leaving us with a mystery: where did the vanishing imports go? Continue Reading →
Connor O’Brien Summarizes the Federal Government Budget
Income tax revenue is $2.4 trillion. Total imports were $4.08 trillion. That implies a tariff rate of 58.8% ignoring dynamic effects. Continue Reading →
Electricity in California
This is the good, the bad, and the ugly of electricity in California. My case study is a typical day from the recent heat wave. Continue Reading →