The U.S. imported $238 billion worth of goods in September, up 15% from September 2019. Meanwhile, the country exported about $96 billion less than it imported, leading to a record trade deficit, according to the most recent advance estimate released by the Commerce Department.
Gee wiz time, what should we do about that?
I read the whole article. No solution proposed.
Perhaps encouraging domestic production, nah... It will be fine.
The assertion that consumers are to blame is obsurd. I also noticed they didn't put the blame on government for restrictions on the service economy which drove people to spend more on good. Where did everyone get this money? OH! That's the government again!
But it's our fault... OK.
>The U.S. imported $238 billion worth of goods in September, up 15% from September 2019. Meanwhile, the country exported about $96 billion less than it imported, leading to a record trade deficit, according to the most recent advance estimate released by the Commerce Department.
Gee wiz time, what should we do about that?
I read the whole article. No solution proposed.
Perhaps encouraging domestic production, nah... It will be fine.
The assertion that consumers are to blame is obsurd. I also noticed they didn't put the blame on government for restrictions on the service economy which drove people to spend more on good. Where did everyone get this money? OH! That's the government again!
But it's our fault... OK.
(post is archived)