Tuesday, March 12, 2013

Current Connection 2

Is America losing it's competitive Edge? This Article is has two sides to it. You can either agree that America is losing it's competitive edge or that it's not. The Yes side states facts explaining why America is losing it's competitive edge. The Economic Forum said United States in seventh place. It slipped down because high tax rates, government inefficiency, and burdensome regulations. Also businesses involving large numbers of jobs and high-end work are moving out of the U.S. faster than they're moving in. Two thirds of those surveyed believe the U.S. is falling behind, and 71 percent expect the U.S. to become even less competitive in the next three years. The No side states facts explaining why America is not losing it's comepetitive edge. Well for one The United States export $2.1 trillion of goods and import $2.6 trillion. Our annual gross domestic product is the world's highest, at $15 trillion. Our Military is unequally strengthend. U.S. has military presence in about 150 countries, as well as in space. The U.S. Navy ensures freedom of navigation across the world's seas, and our nearly 5,000 strategic and tactical nuclear weapons deter potential enemies and protect our allies. We are a nation of endless ideas and innovation, issuing 250,000 patents in 2001 alone. Basically on the Yes side they are stating negative facts about United States making it look like it's losing its competitive edge. On the No side they are stateing positive facts about our military and other stuff making United States look strong and on top. But everybody has their own opinions.

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