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To: central_va

But we import a HUGE % of what we as consumers buy and consumer spending is fully 2/3 of our economy.


71 posted on 03/03/2020 9:44:37 AM PST by billyboy15
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To: billyboy15
But we import a HUGE % of what we as consumers buy

The math doesn't work. 2/3 of $22T is $14T. we import $2T, not all of which is consumer goods. But let say for the sake of argument the $2T we import is all consumer goods. The percent is 2T/14T = 14%. 14% is a lot but not mind blowing.

83 posted on 03/03/2020 11:48:33 AM PST by central_va (I won't be reconstructed and I do not give a damn....)
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