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Keyword: industrialcapacity

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  • Economic Statistics

    10/17/2003 10:05:37 PM PDT · by sourcery · 10 replies · 255+ views
    The economic statistics released today have encouraged most economists to revise the third quarter real GDP up again.  This has been almost a ritual over the past few weeks as the quarter was ending and is continuing now that it has ended.  It is amazing how brilliant the economists become after the end of the period they are forecasting.  Do you remember how excited they got (in unison) at the beginning of 2000 about the robust economy when real GDP grew at 7.1% in the fourth quarter of 1999?  The ?forecasts? of that quarter were also revised up throughout the...
  • U.S. Must Resolve Industrial Base Issues

    06/02/2003 7:33:07 PM PDT · by NMC EXP · 46 replies · 295+ views
    National Defense Magazine ^ | 06-02-03 | Lawrence P. Farrell Jr.
    The question of whether the United States may be overly dependent on foreign suppliers for critical military equipment has been debated for decades. The Army, particularly, has been concerned about the reliance on non-U.S. suppliers for critical items used in the manufacturing of ammunition. The issue now is taking added importance in the aftermath of the U.S.-led war in Iraq, which some of our NATO allies—whose industries are suppliers to the U.S. military—did not support. What worries Army leaders is the hypothetical situation in which a country that does not agree with U.S. policies may take retaliatory action by refusing...