Re: Imports and trade deficits.
That is not what I said and it wasn't "my" suggestion. According to the formula for calculating Gross Domestic Product, imports add to the terms of CGI and therefore must be subtracted to prevent foreign goods from being counted as domestically produced goods.
That's correct but that was not what you have been saying. You've been claiming that imports are subtracted because, and I quote:
"USA’s trade deficit denied our nation the production of the products we imported. That’s why trade deficits are negative terms within GDP calculations." - Supposn
So now you're going from being incorrect about the formulation of GDP, to being dishonest about the formulation of GDP, to flat out lying about what you're on record as having said about the formulation of GDP.
According to the formula for GDP, that statement is entirely false. Imports add to the terms of CGI in the formula for GDP, which is why imports, M, must be subtracted out of the equations - to keep from being counted as domestic production.
Just one problem with your theory... It's contradicted by empirical data. Our imports are lowest when our economy is in the crapper and imports are highest when our economy is booming. That's not opinion, that's fact, supported by empirical data.
Since you're just cutting and pasting previous comments, should I cut and paste previous responses to those comments? 
Propaganda Techniques, Repetition: Propagandists use this technique to drum the message into the target audience's subconscious by repeating keywords or phrases over and over until resistance to the message weakens. The target audience eventually accepts the message often without even realizing it.
