Separate note shows AI fixed investment at 5.46 percent of GDP.
The Economist shows US growth is overwhelmingly due to AI.
BBB helped, but immigration crackdowns and tariffs hurt. Manufacturing construction down 20%.
"Without the deadweight of the MAGA tax, in other words, America might be rocketing ahead at nearly 5% annualised growth"
Some users are impressed by AI investments driving strong US GDP growth and high company revenues, while many criticize the unprofitable sector for artificially propping up the economy and mainly benefiting equity holders over workers.
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@akarlin @RishiJoeSanu To be fair, Trump took a much more hands off approach to AI than Democrats would have.
@RichardHanania @Charvaksmriti @sciziocat @deepkumar2330
@RichardHanania @RishiJoeSanu Funny thing is MAGA will still get the credit for AI takeoff through no merit of its own
@RichardHanania Without the tariffs these investments into American manufacturing wouldn't be happening. https://www.whitehouse.gov/investments/
@NBaidmehta @RichardHanania @Charvaksmriti @sciziocat yess u can see it in the bes report and durable consmp and inventory downturn
@anannoyedtexan @RichardHanania Quit talking out your ass. Trump and Scott Bessant have been luring these investments in every fucking day, including today. (God I can't fucking stand internet guttersnipes.)
https://www.economist.com/finance-and-economics/2026/05/18/how-much-is-donald-trump-costing-americas-economy
@RichardHanania Seems like this is the perfect time to crack down on immigration then, while we can bear it.
@NBaidmehta @RichardHanania @sciziocat @deepkumar2330 Hence the rise in yeilds.
@PShall0440 @RichardHanania Yes, they would. Most of it was already in planned due to post-COVID reshoring plans and the Chips Act. In fact, less investment is happening because of tariffs. The only thing different with this admin (beyond tariffs) from the OG plan is the data center buildout.
@NBaidmehta @RichardHanania @Charvaksmriti @sciziocat trump already clamped down on incentives dissemination latest is solar module manf companies arent gettig backing from banks and insurers cause most have chinese linkage and there is a clamp down on subsidies
@TheStalwart @RenMacLLC My strategy, detailed below.
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@RichardHanania Isnt it tragic that US GDP is being held up by an industry that makes zero profit, and what's cost is constantly increasing?
@RichardHanania cc @NBaidmehta @psychronicles
@Charvaksmriti @RichardHanania @sciziocat @deepkumar2330 Yeah lol Even american manufacturing and construction especially in texas is suffering for that reason . All the ICE hunting is backfiting badly
@CounterTyrannyX @RichardHanania How much of our manufacturing inputs rely on imported goods
@NBaidmehta @RichardHanania @Charvaksmriti @deepkumar2330 this was known, they are taking out loans, using pension funds and oil money from ME to show this benchmaxxed gdp growth
@sciziocat @NBaidmehta @RichardHanania @deepkumar2330
@deuteronormativ @RichardHanania "We must make our lives worse because i dont want to see brown people"
