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 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 Flavie Lolol 9 years ago
How Do I Start an Import - Export Business?
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...
by Doug Hughes 8 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...
Copyright © 2019 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
HubPages Inc, a part of Maven Inc.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|