TalkbackShare your ideas and expertise on this topic
U.S. Economy Most Competitive in the World
-
invictallc11/01/07 Reported as spam1
US Economy Competitiveness
I think this article fails to recognize some of the major areas where the US economy is failing greatly. One of these areas happeneds to be main street, far away from the record highs of Wallstreet. I belive a lot of the economic indicators fail to take into account the great income disparities that we see today and how it is growing with the changing economy and globalization. The record productivity growth lead by technology has lead to an increase in the number of rich and poor people as the number of rich has profitied through technological improvements in the market by being able to do more with less workers. In the same sense the poor has been growing as a result of less workers being need in the workforce.
We also need to look at the weakening dollar if we are to judge the US economy or rising stock market we have to also look at it in real times. If the market has risen 40% over the last three years and the dollar as devalued by 60% are we really getting ahead? It's a fresh new take.
Asif Ahmed
www.heliocorporate.com
- The following tags are supported in BNET comments:
- <b></b> <i></i> <u></u> <pre></pre>



