[Toddsterpatriot]

Neither countries nor individuals can go on indefinitely spending more than they make.

The US makes (GDP) over $13 trillion a year. How do you figure we're spending more than that on imports?

[Nervous Tick]

>> The US makes (GDP) over $13 trillion a year. How do you figure we’re spending more than that on imports?

That’s a good question. The answer is, “I’m not figuring any such thing”.

Consider the equation:

GDP = consumption + investment + (government spending) + (exports - imports)

With your question, you are implying that GDP is somehow all “internal production”. That is clearly not the case.