Just one word: factories
By Harold Meyerson | Wednesday, August 12, 2009 | The Washington Post
“…Inside the administration, there are debates over policies that would increase our government’s commitment to American manufacturing. For one thing, the decline of manufacturing presents a huge obstacle to U.S. economic recovery. As scholars and journalists have noted, in every recovery since the Great Depression through 1990, when American consumers started buying more, U.S. factories recalled laid-off workers and started making more. Today, when the government puts more money into consumers’ pockets, it means that Chinese factories recall their workers and start making more….”…BS
http://www.washingtonpost.com/wp-dyn/content/article/2009/08/11/AR2009081102934_pf.html
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