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We reinvented government, transforming it into a catalyst for new ideas that stress both opportunity and responsibility, and give our people the tools to solve their own problems. With the smallest federal workforce in 40 years, we turned record deficits into record surpluses, and doubled our investment in education.
They, in turn, will negotiate licensing deals directly with their end users and customers. Capital, design, engineering, and labor intensive goods computer chips, cruise missiles, and passenger cars will still necessitate the coordination of a massive workforce in multiple locations.
We reinvented government, transforming it into a catalyst for new ideas that stress both opportunity and responsibility, and give our people the tools to solve their own problems. With the smallest federal workforce in 40 years, we turned record deficits into record surpluses, and doubled our investment in education.
This did little to dent the country's burgeoning current account deficit, now at over 5 percent of GDP. Unemployment in January broke through the psychologically crucial barrier of 10 percent of the workforce. In some regions every fifth laborer is laid off. There are more than 13 and in the worst hit parts, more than 100 applicants per every position open .
Germany's economy is five to six times the aggregated output of the EU's central European new members plus Slovakia. According to the New York Times, there are 1800 American firms on German soil, with combined sales of $583 billion and a workforce of 800,000 people.
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