3 misconceptions about the US that need to die

tater · 11-07-11, 09:41 PM

The point was that I personally think most "stuff" I see for sale is made in China. It seems to be true. Walk through a retailer and check.

The idea that "everything is made in china" is not at all silly. The FACT that it comprises a fairly small dollar value % wise is being intentionally misleading. Why, for example, did they lump "goods and services?" It the case of crap from china it is all GOODS. Since over 75% of the US economy is "services," they are being intentionally misleading, IMHO.

I don't mind the straight facts, and I have no particular axe to grind (I'm not one who hates that we get stuff from china, I don;t hate walmart (even if i never shop there, etc), but always look at what they are actually comparing.

They say PRC crap is 2.7% of the economy, but since ~75% is service, and 22% is apparently US manufacturing, that 2.7% is a large % of that little bit that is left, is it not?

11-07-11, 09:41 PM	#26
tater Navy Seal Join Date: Mar 2007 Location: New Mexico, USA Posts: 9,023 Downloads: 8 Uploads: 2	The point was that I personally think most "stuff" I see for sale is made in China. It seems to be true. Walk through a retailer and check. The idea that "everything is made in china" is not at all silly. The FACT that it comprises a fairly small dollar value % wise is being intentionally misleading. Why, for example, did they lump "goods and services?" It the case of crap from china it is all GOODS. Since over 75% of the US economy is "services," they are being intentionally misleading, IMHO. I don't mind the straight facts, and I have no particular axe to grind (I'm not one who hates that we get stuff from china, I don;t hate walmart (even if i never shop there, etc), but always look at what they are actually comparing. They say PRC crap is 2.7% of the economy, but since ~75% is service, and 22% is apparently US manufacturing, that 2.7% is a large % of that little bit that is left, is it not? __________________ "Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one." — Thomas Paine