Why? The government doesn’t even have a handle on how much imports, whether manufacturing or services, actually contribute to the economy.
Brilliant!
So, the economy could suck even worse, and perhaps has been for some time, while the current neolib occupant of the White House is no more likely to address this at a structural level, IMO, than his predecessor.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
November 09, 2009
US govt overstates productivity
Labels:
globalization,
United States
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