Research in this vein has been considered at systemic

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Unformatted text preview: ce of demand for goods and services from other sectors of the economy , ranging from energy and natural resources to construction of new factories to services provided by accounting, engineering, software, and temporary help firms. U.S. manufacturing had gross output of $4.5 trillion in 2005, and it is by far the most important sector of the U.S. economy in terms of total output (Bureau of Economic Analysis 2008)) This Briefing Paper examines the role manufacturing plays in employment at the state level, including an examination of the number of jobs and the level of wages in the sector. The data show that employment peaked in the late 1990s and has been on a largely downward trajectory since then, with traditional manufacturing states hit particularly hard. Given its size and importance, we cannot ignore the consequences of such a decline. Economic decline causes great power wars—multiple studies Royal, Director of Cooperative Threat Reduction at the US Dept. of Defense, 10 [Jedidiah, “Economic Integration, Economic Signaling and the Problem of Economic Crisis,” Economics of War and Peace: Economic, Legal, and Politi...
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This note was uploaded on 11/30/2013 for the course PHILOSOPHY 303m taught by Professor Tye during the Fall '12 term at University of Texas.

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