For that to happen we must be importing a great deal of infrastructure and machine tools, and building up an enormous production base......(checking-click/click/click/click/click-ping!)....Nope, we are just importing consumer goods. Snow is way off the mark again.
BUMP!
Indeed. This is so clear...it takes a really clouded mind to come to conclusions echoing Snow and the other apologists.
"Free" Trade is not lifting the U.S. ship. It is sinking it.
Home ownership is at an all-time high, as are existing home sales. U.S. household wealth stands at a record $51 trillion.
Your ship may be sinking. The country seems to be doing better every year. If only you were paid for whining, your household wealth might increase as well.
Mr Snow is very proud that Al Greenspan and X42 were successful in promoting Consumerism.
Now THERE'S an accomplishment!