Source: Washington Monthly
by Robert J Shapiro
“Everyone who has ever used a dating app knows the disappointment when an online picture doesn’t match reality. Sometimes, economic reports suffer from a similar gap. On Wednesday, the Bureau of Economic Analysis (BEA) reported that the country’s Gross Domestic Product (GDP) grew at a 3 percent annual rate in the second quarter. That sounds like good news, but the underlying data tell us that the U.S. economy is stumbling — and that’s before President Donald Trump doubled down last week on his destructive tariffs.” (08/04/25)
https://washingtonmonthly.com/2025/08/04/the-u-s-economy-is-stumbling/