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flame-thrower, thanks for your global perspective. We miss that here .....
posted by
kingmi
on December 1, 2005 at 3:28 PM
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I want to commend you for bringing in this post, but after reading it, there are many points that I do disagree with the author. For example on American deficit. It has jumped not because the government's economic policies are wrong, but more because growth comes from China and India who have cheap labour and products flooding the US. However, if the same robust growth in the States and in the aforementioned countries were registered in continental European countries and in Japan, the wide margin registered in the deficit won't have happend.
posted by
Flame-thrower
on December 1, 2005 at 9:47 AM
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