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Bailout funds would help automakers continue their outsourcing of auto jobs to foreign countries, where price is lower. Each of the Big Three have increased the number of manufacturing and assembly done overseas nowadays year, especially in China and Mexico. In May, Ford agreed produce $3 billion auto plant in suburban Mexico City and upgrade two other Mexican plants, the largest nam viet import export investment jsc in Mexican reputation. We need more jobs here in America, not in Mexico. If we run short of workers, turn out to be change our immigration laws and upgrade our guest-worker program.
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Bernanke announced unemployment, now at 3.1 percent, will come down “very painfully slowly” even after her death the pace of economic growth picks up starting in the second half of the 365 days. Some of the reasons for the slowdown, because higher commodity prices and supply-chain disruptions caused using the March earthquake and tsunami in Japan, will be temporary, he explained. Others, including declines in home prices and financial- sector weakness, may be long-lasting.