Thinking about the United States economy this morning. When manufacturing in the United States or any nation increases its GDP is affected in a substantial postive way. If the United States does not buy more of its own products it affects our GDP negatively and reduces investment capital.
As the largest purchasing nation we could pull ourselves out of the recession just by buying American made products instead of foreign ones. That would keep our wealth in the United States rather than exporting that wealth and jobs overseas. How can this be encouraged? Could we start by American campaigns? How do our trade agreements affect this process? In crafting agreements like NAFTA and most favored nation trading status--do we demand the same access that other nations expect from us? How do we train our manufacturing sector employees--our non college bound workers? Some insight can be found in the ways Germany and Japan go about training non-college bound youth for high paying and rewarding technical specialty careers--but what application does this have to the United States situation?
If anyone has any comments please e-mail me! :)
Thursday, June 19, 2003
Posted by Drew at 6/19/2003 08:22:00 AM
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