What are the recovery plan for the US economy? More export and less import?
If US import less and export more, will it helps to boost the US economy overtime? Can Mexico absorb all the American products?
We import a lot because it is cheaper to have stuff made over seas and shipped back to us. Exporting has always been one of those things - we actually have to make something other countries want to export. Our companies will continue to import so long as they can find cheaper labor elsewhere than here. If we really wanted to improve our own economy we'd make it harder or more expensive for these companies to do this and make them pay everyone here a higher minimum wage. Minimum wage here has lowered ridiculously. If we calculate it's original value for inflation it'd be over $22 an hour. Back in the days it was that high the economy was doing really well. Right now it's $7.25 an hour.
by Gary Anderson 7 years ago
Worried about the price of gas? Our oil companies aren't. They export oil in the SF Bay and in April will start exporting West Texas Intermediate (WTI) from the Gulf of Mexico. http://www.businessinsider.com/the-asto … rum-2012-3Here is my response. We can thank libertarian thought for the...
by marinealways24 9 years ago
10/20/2009-Make a prediction for the United States economy in 1-2 years. Will the economy be better or worse? Why?
by JERRY_j 8 years ago
PLEASE LADIES AND GENTLEMEN , I NEED EXPERIENCE ADVICE ON HOW TO WRITE A SMART BUSINESS PLAN THAT WILL INTEREST MY INVESTOR ON EXPORT AND IMPORT HOME APPLIANCE.
by lady_love158 8 years ago
http://www.huffingtonpost.com/dan-dorfm … 67131.htmlThe action by the Fed to counterfeit a trillion new dollars will make the rich richer and the poor, poorer. Inflation will spark, your savings already earning nothing will be worth less, your paycheck will buy less, and everything will cost...
by Doug Hughes 9 years ago
In 20 years, the history books will call this the 2nd depression. We are in a liquidity trap, according to Paul Krugman, nobel-prize economist. That’s central to the problem. “The term liquidity trap is used in Keynesian economics to refer to a situation where monetary policy is unable to...
by uncorrectedvision 7 years ago
It should be obvious to the objective that the programs pursued by Barack Obama have failed. Unemployment grinds on at over 9% , even as the ranks of the hard core unemployed, no longer counted in that figure, grow and the pool of jobs continues to contract.The infrastructure repairs and...
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