No Willie. Like the theoretical Utah factory, their investment here adds to our GDP.
As you pointed out, they merely come back to the United States to finance Government consumption DEFICIT expenditures.
Like them or not, they add to our GDP. Their purchase of our low interest rate Treasuries allows Americans to either consume (adds to GDP) or invest in higher yielding investments (which also add to GDP).
Thanks for pointing that out.
Like the Utah factory, their contribution to our GDP is nonexistant.