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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (825613)12/25/2014 6:49:26 PM
From: Wharf Rat  Read Replies (3) of 1577147
 
Myth

The United States can’t stay economically competitive if we address climate change.

Fact

Climate change itself is taking a toll on our economy. However, fighting it has dropped us all the way to number one in the world.

Top business stories of 2014: U.S. economy grows, world slows

The top 10 business stories of 2014:

1. U.S. AN ISLAND OF PROSPERITY

After a freezing winter put a chill on buying and selling, the U.S. economy has posted its best six months since 2003. But the rest of the world hasn’t been as lucky. Japan has fallen back into recession. The 18 countries that make up the eurozone are barely growing and fear a dangerous drop in prices. Major developing nations aren’t faring much better. China’s growth has dropped to a five-year low of 7.3 percent. Western sanctions and dropping oil prices have decimated Russia’s currency. Brazil just edged out of recession. What’s helped the U.S. is its relative insulation. American consumers, not exports, are the main drivers of the world’s largest economy.

sltrib.com
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