Exporting Prosperity – Why the U.S. Economy May Never Recover

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A new book by James H. Boudreau

The United States has spent a good portion of the past 20 years in or on the brink of economic recession. The Federal Reserve has kept interest rates at almost zero and the Federal Government has spent trillions on so-called “stimulus”, yet the standard of living for the average American continues to decline. Jobs are few and far between, age discrimination is rife and layoffs abound, yet politicians continue to “distract and deflect” everyone’s focus towards other issues and “kick the can down the road”.

Exporting Prosperity explores the statistics that actually drive many aspects of the economy, in sharp contrast to the “feel-good” numbers reported each day. Rather than speculate on the future using traditional measures of the stock market, interest rates, etc., it starts with the statistic that people feel directly – jobs (or lack thereof). The author explores the relationship between unemployment, the trade deficit and other key measures of the economy. He spreads the responsibility for the country’s challenges equally and presents ideas to get back on track, some old, some new, some radical and some sensical. Intermingled with the numbers are anecdotes and a sense of humor, making the book entertaining as well as enlightening.

James H. Boudreau, the author, is a career entrepreneur, consultant and small business owner ([http://www.nanoshoppes.com ) that has worked for more than 30 years launching new products and new business units, ranging in size from $100k to $100 million in size. He grew up with stories of his father growing up during the Great Depression and was taught the value of hard work from an early age. In building his own company he had to make numerous sacrifices to keep people employed and has first-hand experience trying to survive with increasing costs, decreasing revenue and little or no capital available. Despite these challenges, he has persevered and the passion it took to keep a small business alive have made it onto these pages, along with a sense of humor that has preserved his sanity.

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James H. Boudreau
Exporting Prosperity
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since: 10/2013
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