# These GDP Numbers Deserve Maximum Incredulity Summary::Jeffrey Tucker comments on the validity of GDP numbers. Creation_Date:: 2025-05-02  ## Metadata - Author: [[Jeffrey A. Tucker]] - Full Title: These GDP Numbers Deserve Maximum Incredulity - Category: #articles - Document Note: Still attempting to figure out how this highlighter works. - Summary: New GDP numbers have sparked negative reactions about the current administration, but they may not accurately reflect economic reality. Factors like increased imports and declining government spending distort the data, making it appear worse than it is. Overall, the GDP model has flaws that can misrepresent actual economic growth, highlighting the need for better assessment methods. - URL: https://www.theepochtimes.com/opinion/these-gdp-numbers-deserve-maximum-incredulity-5850664 ## Highlights - The question is whether this is really a sign of recession. It seems obvious that the answer is no. Real resources had to exist in order for these import purchases, many of which pertain to intermediate goods, which are certainly going to be converted to sales throughout the remainder of this year. ([View Highlight](https://read.readwise.io/read/01jt8rxj03h27zq7hj82m1d9cg)) - Note: Remember, statisticians use GDP to define recession.