The US’s best export, so to speak, is it’s money. People in the US buy more than anywhere. It has a larger consumer market than EU, China, and India combined. That’s ridiculous to think about, a country of 350m outspending 3.5b. As much as I can’t stand trump and think everything is wrong, leveraging the US and it’s buying power is a tactic that makes sense. I wouldn’t even be mad if it was just part of some negotiation, but it coupled with obviously all the rest of the shit kinda changes the light that it’s shown in.
Consumer spending is something like 68% of the US economy. I suspect that’s the case in most countries?
Consumer spending drives the US economy.
The US’s best export, so to speak, is it’s money. People in the US buy more than anywhere. It has a larger consumer market than EU, China, and India combined. That’s ridiculous to think about, a country of 350m outspending 3.5b. As much as I can’t stand trump and think everything is wrong, leveraging the US and it’s buying power is a tactic that makes sense. I wouldn’t even be mad if it was just part of some negotiation, but it coupled with obviously all the rest of the shit kinda changes the light that it’s shown in.
Kinda has to be for wealth to trickle up. I think they might have meant discretionary consumer spending.