“Those numbers might seem high, but in an $18 trillion economy, they don’t really worry economists.”
Of course they don’t, because the “economists” are part of the 1%, and they derive their incomes from doing the bidding of the super rich who have a vested interest in keeping things as they are. The bigger issue is that all these countries need to open their markets to our products. Japan allows the importation of almost NO new US-made automobiles. The Japanese say that it’s because their citizens don’t want American cars. If that’s the case, why are the Japanese “importing” used American cars? I was in Kyoto not long ago and saw a Chevrolet Crew Cab Duelie Piockup navigating the narrow downtown streets. It had a California license plate on the front and one of those Kanji-Critter lit up rear Japanese plates on the back?
I’ll bite.
A family friend bought a new Toyota Land Cruiser for $80,000+. He also had bought one new years ago-for $3,300.
A lot is inflation. Not all.
Misfire on response?
I was speaking of voter numbers and your quote is not mine.