Subtract the deficit spending and GDP is at negative 8 percent.
Agreed, but I don't understand how subtracting "inventory replenishment" makes sense as a qualifier used to detract from the braod GDP results?
If all economic cylinders were firing, inventory replenishment would be one key factor regardless. While I do think economic growth is being surpressed by current policies, I guess I'm a little confused as to why ineventory replenishment should be subtracted from a gross economic number like the GDP?