Re:The Ball and Supply Chain
by wnevets on Saturday May 01, 2021 @11:59PM
(#27012247)
and self-proclaimed capitalist love it because "free market" while blaming unions for those items not being manufactured in the US.
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In the US, government spending accounts for ~40% of GDP. It is difficult to say what the ratio is for China because I don't know how to reconcile their state owned businesses with a western public-private model. But Wikipedia's list claims that their direct spending is 24% of GDP [0].
The opinions of free market capitalists aren't in the driver's seat of the US economy. Since the 70s the US has been transitioning to some sort of mixed model.