This morning's news that the nation's GDP grew 4.4% got me thinking.

Suppose you buy a kite from a local kitesmith for $0.50. You sell it for $1.00. You add $1.50 to the nation's GDP. Suppose you buy the kite from China at $0.10 and sell it for $0.90. You've added $$0.90 to the nation's GDP. Since GDP is the holy measure of the nation's economy, shouldn't we just keep making kites in the USA for $0.50 each?

Comments and analysis welcome. No bashing please.

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You don't need a weatherman to know which way the wind blows - Robert A. Zimmerman