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In the 1990s and the first decade of the 2000s, investors from the Asian economies of Japan and China made significant direct and portfolio investments in the United States. At the time, many Americans were unhappy that this investment was occurring.
In what way was it better for the United States to receive this foreign investment than not to receive it?
In what way would it have been better still for Americans to have made this investment? From 1950 to 2000, manufacturing employment as a percentage of total employment in the U.S. economy fell from 28 percent to 13 percent. At the same time, manufacturing output experienced slightly more rapid growth than the overall economy.
What do these facts say about growth in labor productivity (defined as output per worker) in manufacturing?
In your opinion, should policymakers be concerned about the decline in the share of manufacturing employment? Explain. Any insight would be appreciated. And yes I realize all the problems are dems fault, but I don't need reasons why Obama will ruin everything, just some advice from people who have a better grasp on the subject
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