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Lazear pointedly stated that he expects strong growth due to high productivity and low taxes, adding that "two trends are most important when looking at last year's economic picture and the scene as we move into 2007"--the labor market and export growth.
FORBES: Magazine Article
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The policy would give businesses based on the U.S. a competitive edge, but may be bad for you if you are looking to export your labor.
FORBES: Are the Candidates Different When It Comes to Small Businesses?
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That order has created an Export Promotion Cabinet, made up of the Secretaries of State, Treasury, Agriculture, Commerce, and Labor, along with our USTR, our Small Business Administrator, the Export-Import Bank President, and other senior U.S. officials whose work impacts exports.
WHITEHOUSE: Boosting American Exports
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Industry leaders and labor groups want politicians to support policies that protect domestic export-driven businesses, and pundits point out that imports lead to trade deficits.
FORBES: Eight Biggest Global Trade Offenders
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It is running at two speeds: steady local demand boosted by credit and strong labor markets on one side, and a weaker industrial and export economy facing strong, imported competition and less demand from the U.S. and European trading partners.
FORBES: Brazil Retail Sales Ignore Slowdown; Inflation Battle Continues