While the major world natural resource repositories such as the Mideast, Sub-Saharan Africa, and even Southeast Asia are experiencing increasing turmoil, thereby endangering supply sources as well as transportation routes, much of the developed and developing world find themselves constantly harassed. This not only puts supply centers in jeopardy, but makes scheduled deliveries tenuous at best.
The one exception is in “The Americas,” traditionally referred to as the Western Hemisphere. Due to new discoveries, evolving technology, and a relatively peaceful “inter-nation” environment, the U.S., the world’s overwhelming leader in gross domestic product, now finds itself in the catbird seat, when approaching the future from a productive economic growth point of view.
When combining North American oil access (U.S., Canada, Mexico) with additional South American sources (Venezuela, and Brazil’s staggering offshore deposits), the total overwhelms the volume generated by the combination of the Middle East and Russia. When adding Chile’s top producing copper reserves, Bolivia’s tin, Mexico’s and Canada’s rare metals, and even the beef excess of Argentina, no other world geographic site that combines such diverse supplies, exists anywhere else in the world.
These continue an unexpected bright spot that could bring the U.S. back into manufacturing world dominance that has been slipping from America’s grasp for years.
It is ironic that at a time when America’s economic and technological potential never looked brighter, this country is in the worst state of disarray ever. The Simpson/Bowles presidentially-appointed Committee provided a well-thought-out starting point in providing what steps must be taken to rein in the debt and budget deficits and to resolve the increasingly mixed-up taxation system. That current mess is overly influenced by loophole-happy lobbyists, making sure that their patrons are well taken care of in the final draft, if it ever makes it to the relevant Congressional Committees, and a presidential stamp of approval.
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