I was responding to "America doesn't produce anything"...
All of those industries produce, and all of them make significant money, and the GDP backs that up. Producing stuff while going into debt, is still producing stuff, so your reasoning about debt has no relevance.
So maybe you should take your own advice?
Just for the record: I think America is a shit hole, and I'm generally anti-capitalist. But it's nonsense to pretend they don't produce anything.
All of those industries produce, and all of them make significant money, and the GDP backs that up. Producing stuff while going into debt, is still producing stuff, so your reasoning about debt has no relevance.
So maybe you should take your own advice?
Just for the record: I think America is a shit hole, and I'm generally anti-capitalist. But it's nonsense to pretend they don't produce anything.