Bonus Quotation of the Day…
by Don Boudreaux
on November 7, 2017
… is from Bryan Riley’s superb Forbes article from this past September 14th:
When a company like BMW or Hyundai builds a new U.S. factory, the BEA calls it a “U.S. incurrence of direct investment liabilities.” A clearer and more precise description would be “new job-creating investments in the United States.”
(Pictured here are BMW’s facilities in Greer, South Carolina.)
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