RE: Private sector is efficient? explain!!!!

RE: Private sector is efficient? explain!!!! (Full Version)

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FunCouple5280 -> RE: Private sector is efficient? explain!!!! (5/10/2013 2:20:24 PM)
the one thing missing in export/import data is the monies associate with the export/import of intangible aka IP (intellectual property)

Edwynn -> RE: Private sector is efficient? explain!!!! (5/10/2013 4:03:08 PM)
That's listed in the current account balance, not sure what data you are referring to there. Monies paid to foreigners for licensing fees, those paid by foreigners to US license holders, it's all there.

DesideriScuri -> RE: Private sector is efficient? explain!!!! (5/10/2013 7:30:40 PM)
quote: ORIGINAL: Edwynn What's so 'stupid' in pointing out that a country of 83 million out-exports a country of 312 million, in total volume of exports? What is so stupid in pointing out whatever country that can produce to such a degree beyond their own needs, who is not a 'developing economy'? I'm not as stuck on the balance of payments thing as some others are, but this particular discrepancy is worthy of note. There is no escaping the fact that the US has far too many corporations sucking at the teat to effectively compete with even so-called 'high tax' countries. The US out-consumes every other nation on earth, due to being the most populous "developed economy" or "most developed nation." If Luxenbourg were the size of the US, they would out-consume the US. Your point? What's my point? My point is that consumption is the problem here, not production. Who outproduces us? No one (not yet anyway). We are still the #1 producer. We are also still the #1 consumer. We consume more than we produce. Why? Because we can and we choose to. I don't think that's a good thing, either.

Edwynn -> RE: Private sector is efficient? explain!!!! (5/10/2013 10:09:14 PM)
Last I checked, the US is actually a net exporter of services. It's just all those shirts and pyjamas and running shoes from countries that can't figure out how to build a factory that doesn't cave in on their workers that's the problem. But Brazil is currently the seventh largest importer of goods and services from the US, and there is much upside obtainable there, as they progress. All is not lost.

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