High-Tech Resurgence Key to Warding Off Double-Dip Recession

Started by THP, Aug 12, 2011, 09:02 PM

THP

America is at risk of losing its will to win (or by most accounts, America is at risk of losing its will to win). With last week's S&P downgrade of U.S. credit to AA+, along with market uncertainty pervading our nation's psyche, the prospects of a prosperous future seem increasingly out of reach. Add a near-default on the national debt, low consumer confidence and modest job creation, and it's clear that the danger posed by permanent distraction is very much real.Yet despite recent events, as well as a wave of fear that shows no sign of dissipating anytime soon, one shining light of America's economy is high-tech. While largely understated, it also provides our best hope at warding off a double dip recession.More...

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