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The number of Americans who say the economy is in good shape has dropped to the lowest level of the year, according to a new national poll.And a CNN/ORC International survey also indicates that economic pessimism is growing in the wake of the government shutdown, cheap 49ers jerseys sale with nearly six in 10 forecasting poor economic conditions a year from now. The poll Tuesday morning release comes a few hours before the Labor Department announces the September unemployment report. The release of last month jobless figures was delayed because of the 16 day partial government shutdown.
In the poll that was conducted this past weekend, 71% of those questioned say that economic conditions are poor right now, with only 29% saying that current conditions are good a drop of 4 percentage points since late September, just before the shutdown began. number has not been particularly high in 2013, buy seahawks jerseys online but throughout the year it has always been over 30%, making the current level of 29% the worst number since December of last year, says CNN Polling Director Keating Holland. Only 40% say that the economy will be in good shape a year from now. That down from 50% in June and represents the lowest level of optimism since October 2011. Some 59% say the economy will be in poor shape next fall. The poll was conducted for CNN by ORC International October 18 20, nfl jerseys wholesale with 841 adults nationwide questioned by telephone. The survey overall sampling error is plus or minus 3.5 percentage points.
nhl jerseys consumer electronics and other high tech products. They want to sell us industrial goods, including high tech manufactures. In return, they want us to supply them with cheap food like chicken. That is the classic policy of the strategy of using trade as a weapon to maximize a nation industrial power relative to that of its rivals.
According to mercantilist theory, trade policy should serve domestic manufacturing. Duties should be low on the discount nfl football jerseys raw materials used in factories. Duties should also be low on cheap food imports from abroad that are used to feed factory workers. At the same time, there should be high tariffs or other barriers on imports of manufactured goods from rival countries. The purpose is to encourage other countries to specialize in raw material and agricultural exports. Their competition with each other will then drive down the prices for the inputs needed by the industrial nation, broncos jerseys online shop even as they allow the industrial country exports to monopolize their own consumer markets.
Britain successfully used sophisticated mercantilist policies to become the world leading manufacturing nation by the 1840s. At that point the British switched to free trade because they no longer feared foreign industrial competition. followed a protectionist industrial policy from the 1870s to the 1930s. High tariffs kept British and other foreign manufactured goods out of the American market. government encouraged exports of metals, foodstuffs, cheap nfl jerseys sale from china and other commodities from Latin America and Asia, and kept the labor costs of American manufacturers low by importing low wage workers to the industrial states from Europe and the American South. To keep wages low, American manufacturers also relied on the federal courts and the National Guard to crush organized labor. practiced and preached free trade only when it feared no industrial rivals, thanks to the temporary devastation of Europe and Japan by World War II. Mercantilism is as American as domestically sourced apple pie. Otabe reminded the American delegation that the theory of international trade were pursued to its ultimate conclusions, custom cheap nfl jerseys the United States would specialize in the production of automobiles and Japan in the production of tuna such a division of labor does not take place because each government encourages and protects those industries which it believes important for reasons of national policy. granted $37.2 million in trade concessions and received only $6.4 million from Japan. reduced its duties on Japanese manufactured imports like electrical products, apparel and glassware.
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