The strong dollar and the commodity price boom undermine the value of financial assets (see below), but they help U.S. exports. Wall Street's poison is Wichita's tonic. With an export base of aircraft and natural resources, "[s]o many of the things our local economy depends on are doing ... well.”
If you click on KSN you will hear: "'We've been in an economic recession nationwide for probably six months, maybe longer,' said Dr. Malcolm Harris Sr. with Friends University. 'The data is finally catching up with us.'"
Tuesday, March 18, 2008
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