GDP Goes Negative. And it's Glorious.
It's official: GDP is negative.
And it is glorious.
Last week the Bureau of Economic Analysis reported that GDP for the first 3 months of 2025 turned negative for the first time since 2022.
The kicker is all the pain was caused by a 41% surge of imports front-running tariffs. Which GDP bizarrely counts as negative GDP.
Drop those and actual GDP soared by a …
Keep reading with a 7-day free trial
Subscribe to Profstonge Weekly to keep reading this post and get 7 days of free access to the full post archives.


