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Murray Weidenbaum Publications

1999

U.S. Mining Industry

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Full-Text Articles in Public Policy

The Global Economic Outlook: Threats And Opportunities For The U.S. Mining Industry, Murray L. Weidenbaum Oct 1999

The Global Economic Outlook: Threats And Opportunities For The U.S. Mining Industry, Murray L. Weidenbaum

Murray Weidenbaum Publications

The United States has built a unique service sector which is based on a unique industrial sector which is based on a unique mining sector. Harm any one of these three vital parts of our nation and you jeopardize the standard of living and future prospects of all our citizens. Now, the world economy is in the midst of a substantial and widespread upswing. In light of this positive outlook, the U.S. mining industry faces two primary threats: increased competition with international, overseas counterparts and the U.S. government's tendency to handicap American business via taxation, regulation, and intervention.