Outsource
Growth, Debt and Outsourcing
Economic growth in the U.S. has averaged 2.7% over the past years. Taking out personal consumption, the growth was 1.3% per year in 10 years ending in 2007. That is the slowest growth rate since the 1950s. U.S. consumers have run up about $3 trillion in excess borrowing and spending over the same period. This