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"Made in China" products accounted for only 2.7 percent of consumer spending

12 pointsby dporanalmost 14 years ago

5 comments

tomfakesalmost 14 years ago
<a href="http://www.evolvingexcellence.com/blog/2011/08/the-fed-dishonest-or-dumb-you-decide.html" rel="nofollow">http://www.evolvingexcellence.com/blog/2011/08/the-fed-disho...</a><p>These guys call BS on the Fed's numbers, and then ask why the Fed deliberately made this complex calculation in a way to deceive what is really happening
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dimmuborgiralmost 14 years ago
Of course. Its <i>cognitive bias</i> at work. People are always discontent with their government. Failing to properly understand economics and politics, people exaggerate things to find reasons to accuse the government.
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nextparadigmsalmost 14 years ago
Why aren't consumer electronics products in there? It seems to me they are only picking those with a high chance of being made in America.<p>Also, does this "made in America" refer to the whole product or just the packaging/assembly, while the components are still made in China?
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knownalmost 14 years ago
Consumerism != Capitalism
saturnalmost 14 years ago
75% of motor vehicle purchases were "Made in America"? That is astonishing. Unbelievable, even.
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