Debts are not the critical problems in the States.
The big problem is that foundation of economy has been lost, i.e. the manufacture sectors were moved out from the States. So-called virtual economy is playing a key role in pushing higher GDP values, and aslo higher trade deficits. Just take a look at the goods and products in the markets and then you would have a sense of a big problem in this country. How a small percentage of goods are made in USA?
President Obama and his teams have noticed this problem of US economy. He has taken actions to bring the lost manufacture section back to the States. Wish he would be successful in doing this. If he fails, that would be a real disaster to the US economy.
The big problem is that foundation of economy has been lost, i.e. the manufacture sectors were moved out from the States. So-called virtual economy is playing a key role in pushing higher GDP values, and aslo higher trade deficits. Just take a look at the goods and products in the markets and then you would have a sense of a big problem in this country. How a small percentage of goods are made in USA?
President Obama and his teams have noticed this problem of US economy. He has taken actions to bring the lost manufacture section back to the States. Wish he would be successful in doing this. If he fails, that would be a real disaster to the US economy.
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