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To: Mikey_1962

This figure was posted yesterday in another post / article.

The 2.7% is based on ALL spending - that’s so deceptive it’s ridiculous.

Most mortgage payments don’t go to China, duh.

We discovered that only about 1/4 of clothing is made in the U.S., while about 35% is made in China.

Last time I went to the “ritzy” mall, there was NOTHING made in Europe except a few Irish sweaters. No Italian ties, silks, shoes, etc., etc.

Everything was garbage from mooselimb or asian countries.

And for that the “ritz” mall wants people to pay huge markups ? If I want Chinese-made clothing I can go anywhere. Walmart clothing at Needless Markup prices.

The huge hidden figure is industrial machine tools and equipment. China. Even Korea and the others are getting pushed out. It’s a disgusting joke.

It’s not 100% of these things, but the amount of imports points exactly towards the missing jobs in the economy.

Can I get a duh ?


14 posted on 08/13/2011 7:15:27 PM PDT by PieterCasparzen (We need to fix things ourselves)
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To: PieterCasparzen

“The huge hidden figure is industrial machine tools and equipment. China. Even Korea and the others are getting pushed out. It’s a disgusting joke”

No one ever mentions that the famous Blowout Preventer in the BP oil spill was ‘Made in China’.


32 posted on 08/13/2011 7:47:33 PM PDT by mowowie
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