Current Events — HabitableZone

Current Events » in reply to Moslem Economic Boycott: Trade numbers?

That's less than 1:30th of the GNP

Which is well over $2,000,000,000,000 per year and last I heard: Still growing.

I wonder what percentage the trade deficit is of all natural and human resourses of the United States since the GNP measures current year economic activity only...If such an intangible balance sheet item (All land, buildings, raw mineral deposits, future agricultural production, potential energy sources, etc...) could be measured I'm sure it would completely overwhelm the media economists who keep preaching doom and gloom about the trade deficit as if it, and only it are a measure of future economic cash/asset flows. I mean it kind of puts $65-70 billion in oil imports in perspective doesn't it?

Scott

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