However, the U. S. economy will suffer as more nations continue to develop and as their economies continue to build upon and develop their niche in the global marketplace. Traditionally, labor has been the U.S. economies greatest resource. As labor continues to be outsourced to other areas of the world poverty rates will continue to climb in the United States...
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The author has raised some very valid issues. I believe that it will be only a matter of time before economists like M. Porter rescind their contemporary belief that globalism is good for the United States.
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