Let me show you what the experts aren’t looking at in the GDP because it does affect your future.
Posted Under: My Analysis of the GDP,Uncategorized
Guess by now you have noticed that the GDP was revised downward again, but hey, that is nothing new
News Alert
from The Wall Street Journal
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Sponsored by NASDAQ OMX
—————————-U.S. gross domestic product rose at a 2.2% annual rate from July through September, according to the government’s third and final reading. It was the second time third-quarter GDP was revised lower. The government initially reported third-quarter GDP growth of 3.5%, then lowered it to 2.8%. In the second quarter, GDP contracted 0.7%. The latest figure was below Wall Street forecasts of 2.7% growth.
http://online.wsj.com/article/SB126148828270801485.html?mod=djemalertNEWS
As you may have noticed in the past, I have been asking the question of “Where is the Beef?”
You can review my analysis of the GDP by clicking here
What gets me though is something I too did not notice until today.
All of our experts tell you that our future will be in the services category and that goods are so old fashioned even though this ole country believes that goods is where our strengths need to be unless we want to become a nation dependent on other countries that do not have our best interests at heart.
So I pull up this chart and sure enough, services account for far more then goods in our GDP
Click to zoom in
Now lets look at what we import
Now lets look at what we export
Imagine that.
We put our manufacturers out of business and have China manufacture our goods for us now because we are going to make more money on services in the future according to the con artists of the Wall Street Vultures that were aided and abetted by the Tokyo Rose Globalization Proponents of the Mainstream Media while our so call representatives were doing the See No Evil, Hear No Evil & Speak No Evil bury your head in the sand of denial gig.
Now China is lending us our own money and as you can see by the two above graphs, services do not account for any substance at all and the bulk of what we import and export are goods.
Do you reckon that if we were to quit sending our money for products to China and our money for services to India and the Oil Producing Nations that the balance of our money might just flow back into America?
Naw, that would be too simple, wouldn’t it?
Funny thing is, It really is that simple