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Where the rubber of partisan politics, public policy, economic theory, and political science hits the road of real life. An honest and impartial discussion of life's realities colliding with the designs behind the government policies and actions we all must live with.
Date / Time: 6/4/2008 3:46 AM UTC
Justin Fox writes an interesting and excellent column in the June 6, 2008 Time. His focus is the economy, apparently attempting to enlighten his reading audience as to the fact that the US economy and workers can survive and even prosper when confronted.
Here are some quotes from page 37:
“Savannah has been a raw-material exporter since the days of King Cotton ...”
“We’re sending raw materials to foreign countries, and in return, generally speaking, we’re receiving finished goods.” John Trent, Director of Operations for the Georgia Ports Authority.
“This country [the U.S.] is, believe it or not, still the world’s largest manufacturer. Exports are at an all-time high, both in dollar terms ($1.6 trillion in 2007) and as a percentage of GDP (11.8%).”
“In recent years, the Southeast has experienced a manufacturing boomlet, with foriegn companies in particular setting up shop there to cater to the huge U.S. Consumer market.”
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