The New York Times uncovers a rather disturbing oversight that economists are just now focusing on.
Actually, disturbing isn’t the right word. Terrifying is much more of an accurate descriptor.
In any event…
The fundamental shortcoming is in the way imports are accounted for.
A carburetor bought for $50 in China as a component of an American-made car, for example, more often than not shows up in the statistics as if it were the American-made...
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Official: Unclear if victims remain in Conn. plant (AP)
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Space shuttle blasts off on last night flight (AP)
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Brees and Saints win Super Bowl, 31-17 over Colts (AP)
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Gas blast at Conn. power plant kills at least 5 (AP)
AP - An explosion that sounded like a sonic boom blew out walls of an unfinished power plant and set off a fire during a test of natural gas lines Sunday, killing at least five workers,...
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