“We’re going to finish the year with 3% real GDP growth.” GDP ≠ Economic Health GDP is a blunt tool. It measures output, not wellbeing. You can inflate GDP by building ghost cities or running up government spending on wasteful projects—but that doesn’t mean the average person is thriving. This 3% projection leans heavily on a statistical sleight-of-hand: falling imports. That boosts GDP mechanically, but it’s not a sign of rising productivity or true economic vitality. In fact, it may point to declining consumer power or distortion from panicked trade policies. Verdict: Growth without context is just a headline. “The contraction in Q1 was due to import surges before tariffs.” Accounting Games ≠ Real Growth Imports subtract from GDP due…
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