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Highlands Today
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Economic conference
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Published: August 7, 2009
If we could have eavesdropped on a recent China-India economic conference, I suspect this, in essence, is what we may have heard: Obama's extreme carbon and other taxes on industry will give much of the remaining United States industry to us on a silver platter; especially since we have no carbon controls and our taxes are industry friendly. Their huge unemployment numbers may also give us an opportunity to import skilled workers at reduced cost.
On the negative side, what will happen to the trillions of dollars the United States owes us if the United States goes bankrupt or if they crank up their money printing until the dollar becomes nearly worthless? These are areas that will require much innovative thinking and strategy.
Jim Rahenkamp
Avon Park
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