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Pastimes : CNBC -- critique.
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To: Lizzie Tudor who wrote (12538)11/9/2003 2:40:39 PM
From: Lazarus_Long   of 17683
 
This may need some explaining.
George Bush is responsible for putting the entire world economy in a sort of fear inspired lock for about a year and a half starting in Spring 2002, based on his incessant warmongering especially in and around Asian countries which are huge customers of US goods- and in so doing he prolonged the recession in the US economy for months on end

The 2003 numbers below are for Jan-Aug. To get a reasonable guess at the total 2003 number, I multiplied by 1.5. This is the "2003-extrapolated" number.


US  Exports to China (US$ billions)

1999   2000   2001   2002   2003 (to Sept) 2003-extrapolated
13.1   16.2   19.2   22.0   16.809         25.21
census.gov

Exports to  Japan  (US$ billions)
1999   2000   2001   2002   2003 (to Sept) 2003-extrapolated
57.47  64.92  57.45  51.45  34.51          51.77
census.gov

About 80% of the way down this
esri.go.jp
you will see a graph labelled "Real GDP Japan".  Notice the drop in GDP starting in 2001.  Do you think the Japanese ruined their own economy just to punish us?

US Exports to Indonesia (US$ billions)
1999   2000   2001   2002  2003 (to Sept) 2003-extrapolated
2.038  2.402  2.521  2.555 1.643          2.464
census.gov

US  Exports To Malaysia (US$ billions)
1999   2000   2001   2002   2003 (to Sept) 2003-extrapolated
9.060  10.94  9.358  10.34  6.934          10.41
census.gov

US  Exports To Phillippines (US$ billions)
1999   2000   2001   2002   2003 (to Sept) 2003-extrapolated
7.222  8.799  7.660  7.270  5.410          8.1
census.gov

US  Exports To Taiwan (US$ billions)
1999   2000   2001   2002   2003 (to Sept) 2003-extrapolated
19.13  24.41  18.12  18.38  10.97           16.45
census.gov

Taiwan  
GDP - real growth rate -2.2% (2001 est.) 
greekorthodoxchurch.org
And, again, the dip in purchase of US products can be explained by a dipping economy.


There seems to be a problem with your theory. It didn't happen.
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