Trade Deficit Fails to Effect Americans
It may come as a shock to many that most average Americans do not seem to worry about the huge trade deficit that their country is facing. The question is why are they not concerned? Could it be that the deficit may not impact their lives at all, perhaps these consumers have a safety net for themselves or is it simply, that they are not aware of how the deficit effects them. Scooop, a next-generation media site known for citizen journalism and active participation of its members, released the results of its weekly ?Hot Topics? survey held last week which asked every day Americans about the impact of the trade deficit on their lives, and what they were willing to do about it. When asked how the trade deficit will affect their lives in the next ten years, 61.8% of those responding said it may affect them in a limited way, and 18.5 % said it wouldn?t affect them at all.
Scooop conducted its ?Hot Topic? study to find out what Americans felt about the ever growing trade deficit, and whether they were taking it upon themselves to buy American products. When asked about whether the survey participants knew how much the current amount of the balance of trade deficit was, 89% stated that they did not know what the figure was. Two thirds of those surveyed stated that if they had a choice between a U.S. product and a foreign made product, and the U.S. product was slightly more expensive, they would buy the U.S. product.
Only 54.5% of those surveyed felt that U.S. products were better, in terms of quality, than foreign made products. When buying consumer products, 53.3% of the participants said that they checked where the products were manufactured before buying them. Scooop was launched to give the public at large a voice in what news they feel is important, and to provide a platform for Americans to clearly voice their opinions about the important issues of the day. Each week, a new topic is selected from the news headlines, identified and voted on by Scooop members.
Related News:
