Green Energy
From the Times of India:
But just how is competition within the present globalization framework going to help the U.S. economy to recover and bring jobs here to the States?
And how is the competitive field going to be level if more and more jobs which should be based here in the United States are outsourced to nations that pay workers $1 a day?
Watch the video at the beginning of this post. BHO seems downright pleased with his admission about the economic decline of America.
Would he dare to say these same things in his next State of the Union Message?
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Green Energy
Obama Sees Advantages In The Decline Of America As An Economic Power
From the Times of India:
...The fact of the matter is that for most of my lifetime and I'll turn 50 next year - the US was such an enormously dominant economic power, we were such a large market, our industry, our technology, our manufacturing was so significant that we always met the rest of the world economically on our terms. And now because of the incredible rise of India and China and Brazil and other countries, the US remains the largest economy and the largest market, but there is real competition."Competition is fine.
"This will keep America on its toes. America is going to have to compete. There is going to be a tug-of-war within the US between those who see globalisation as a threat and those who accept we live in a open integrated world, which has challenges and opportunities."...
[...]
...Going by media reports in the US of his first day in India, his focus on jobs and investments was well received.
[...]
In the context of his efforts to revive the US economy, the president clearly sees, as he wrote in an article, India and China as key drivers of economic growth.
But just how is competition within the present globalization framework going to help the U.S. economy to recover and bring jobs here to the States?
And how is the competitive field going to be level if more and more jobs which should be based here in the United States are outsourced to nations that pay workers $1 a day?
Watch the video at the beginning of this post. BHO seems downright pleased with his admission about the economic decline of America.
Would he dare to say these same things in his next State of the Union Message?
- It's Our Economy That's Being Killed..india, Russia, Germany All Grow Significantly
BBC:India growth rate rises to 8.8%India is the world's second fastest-growing economyIndia's economy grew at its fastest rate for more than two years in the last quarter, according to official data.In the three months to...
- America Not In Decline
From The American: Demographic and economic trends suggest that the age of American dominance won’t end anytime soon.Barack Obama and the next Congress will take power at a time when the financial crisis and Mesopotamian misadventures have spurred...
- Oil Importing And Exporting - A Complex Of Shared Interests
It is often stated that, in order to reduce the power of the Arab/Islamic world, we have to reduce our dependence on oil imports from the nations of the Middle East. On the surface this seems like a truism. However, let us think this over. First, sorry...
- On Bush
Photo courtesy of Google Images The US dollar is in freefall. Illegal immigration is out of control. The Federal budget deficit is astronomical at $400bn, because of a trade deficit spiralling out of control. That now stands at $742bn, which equates to...
- Can Solar In India Change The World?
Article published on www.cleantechnica.com , in August 20th, 2015 The Indian solar story is much bigger than the story of one country and one technology. It is one of those game-changing developments that will have an impact on...