Mind your business.

Thursday, April 19, 2012

Economics for the Muppet Generation

From 1947 to 1974 US income per capita grew more than National debt per capita 25 times. In the last 30 years, National debt per capita has grown more than income per capita 24 times.... Under a genuinely free system — where America was not subsidising shipping costs — would made-in-America be more competitive compared to Chinese goods?
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Judy Morris,
Blogger, THL
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