beijingwalker
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i see 8.4%
US GDP is not inflated as long you are willing to trade 7 yuan worth of goods for a single usd. An american nurse may be paid $30 an hour for healthcare paper work but then you are willing to give 210 yuan of your produce for her hour of work. In fact you are willing to give 300 yuan with 90 yuan as credit and earn close to zero interest on it.18% of US GDP comes from health care spending, this is how true US GDP is.
By the way, this much GDP spending doesn't bring a good result. Average life expectancy of US is lower than China's now.
Tariffs made Chinese goods fairly expensive in US, inflation made people live in worse economic situation even your GDP looks good on paperUS GDP is not inflated as long you are willing to trade 7 yuan worth of goods for a single usd. An american nurse may be paid $30 an hour for healthcare paper work but then you are willing to give 210 yuan of your produce for her hour of work. In fact you are willing to give 300 yuan with 90 yuan as credit and earn close to zero interest on it.