| in our economy, higher gdp growth pretty much always coincides with a larger trade deficit - because 2/3 of the economy if fueled by consumption and we import more than we export.
and federal spending contributes to a larger GDP figure. lowering federal spending would decrease our GDP. this is why we had big GDP growth in 2001-2002.
GDP is simply a statistic, you can't directly influence it, but you can influence spending and trade policies. |