American Companies: Ready to Compete?
The Pulitzer Prize winning biographer and historian Edmund Morris once said that, "Good writing always has an unblinking acceptance of the truth." However, it is difficult to determine "the truth" about affairs as complex as today's globalized economy and America's status therein when there are so many conflicting opinions.
David Walker, who audits American government's accounting records in his role as the U.S. Comptroller General, said quite starkly to the Associated Press that, "I believe the country faces a critical crossroad and that the decisions made -- or not made -- within the next ten years or so will have a profound effect on the future of our country. The problem gets bigger every day, and the tidal wave gets closer every day."
Is an economic tsunami soon to break upon us? Some think so. Some think not. But, what really is the "truth" of America's situation? Perhaps, in the longer term, which is to say when historical realities become more apparent and widely different opinions are then sifted out by the development of events known more clearly, perhaps only in retrospect, we may then know what was "truth" and what was error in the mid-2000's decade.
The above excerpt is from Line 56: The E-business Executive Daily. Competitive issues facing American companies today are discussed in this article, including:
- What the Japanese Learned from America Others Have Learned Too
- Are American Manufacturing Workers Between a Rock and a Hard Place?
- Is America Failing to Keep Pace With International Productivity?
- America's Comparative Trading Success -- or Decline?
- Enter -- The China Factor
- America's Adverse Trade Balance
- Whatever Happened to Savings?
- Corporate Tax Rates
- Small and Mid-Size Firms as Engines of Employment Growth
- Median Household Incomes Declining While Job Risks Increase
To view the entire article, go to: http://www.line56.com/articles/default.asp?articleID=7196&TopicID=9
Posted by TomNies on January 16, 2006 at 02:46 PM in Business Growth | Permalink
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