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joshcryer

(62,269 posts)

27. Theoretically the real analogy is more like this:

Reply to JCMach1 (Reply #24)

Tue Jan 17, 2012, 02:06 AM

Jan 2012

We're keeping our rainforest safe so that other countries can destroy their rainforests to sell us goods, then when their soil runs out, we'll be doing just fine, and having jumped a few technological leaps in the process.

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Krugman: 85% of consumer spending in America is on American-produced goods and services [View all] pampango Jan 2012 OP

I would like to see the separation on goods vs. services Broderick Jan 2012 #1

You are looking at it. cthulu2016 Jan 2012 #2

I am not following the chart at all. Confusing to me Broderick Jan 2012 #4

The two scales do make it confusing cthulu2016 Jan 2012 #8

I assume the graph was done that way to better show the rise in the line for Chinese goods. DCBob Jan 2012 #11

That is fascinating.. DCBob Jan 2012 #3

Does this include food? Mz Pip Jan 2012 #5

This is an important point, as is understanding who holds our debt cthulu2016 Jan 2012 #6

Services includes a lot of things that are fixed expenses, housing, insurance, vehicle maintenance.. Fumesucker Jan 2012 #7

Food has to be a large part of the "made in USA" buying. canoeist52 Jan 2012 #9

When food and energy are excluded, 88% of expenditure is 'Made in USA' muriel_volestrangler Jan 2012 #12

I assume outsourcing IT, call center, data processing is a service. DCBob Jan 2012 #10

Services, sure. GOODS? No fucking way. HopeHoops Jan 2012 #13

Even DU heroes like Krugman are pissing in the wind against "common sense" dmallind Jan 2012 #14

+1 cthulu2016 Jan 2012 #15

Nice post. Actual facts usually do little to change a belief that "remains an immutable and pampango Jan 2012 #18

+1! Zalatix Jan 2012 #20

It's an interesting claim about aggregate consumer spending. Igel Jan 2012 #16

What's left is food cthulu2016 Jan 2012 #17

The word "aggregate" means added up quaker bill Jan 2012 #25

Kicked and recommended. TheWraith Jan 2012 #19

I stand corrected. applegrove Jan 2012 #21

Fascinating result. joshcryer Jan 2012 #22

I wonder if fast food is counted and how much that accounts for... nt Bonobo Jan 2012 #23

what Krugman ignores if the knock-on effect of manufacturing... JCMach1 Jan 2012 #24

Krugman has not, and is not likely to ignore that cthulu2016 Jan 2012 #26

I am a Krugman fan actually... his point is about stimulus JCMach1 Jan 2012 #28

Sorry for misunderstanding you cthulu2016 Jan 2012 #30

He would probably say something like JCMach1 Jan 2012 #31

Theoretically the real analogy is more like this: joshcryer Jan 2012 #27

mon dieu JCMach1 Jan 2012 #29

Check it out: joshcryer Jan 2012 #32

We have bauxite reserves, but no mining JCMach1 Jan 2012 #33

+1, I think that's true, and it's not like a conspiracy or anything. joshcryer Jan 2012 #34