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Politics : Politics for Pros- moderated

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From: LindyBill	5/9/2009 7:51:30 PM
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You go, People's Republic of China. You go! By Thomas P.M. Barnett MARKETPLACE: "China's Stimulus Spurs U.S. Business: As the Government's $585 Billion Program Pours Money Into Projects, U.S. Suppliers Find Opportunities," by James T. Areddy and Timothy Aeppel, Wall Street Journal, 30 April 2009. Link China's stimulus is stimulating American businesses like Caterpillar and anybody associated with construction-oriented exports. By simply increasing its demand for steel, for example, steelmakers everywhere benefit even if they're not direct suppliers. It sucks up slack in the system. Here, the ability of China's government to spend fast really counts.

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