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America Loses Another Industry
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America Loses Another Industry

Our Correspondent
Jan 28, 2008
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America Loses Another Industry
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us-wallst

photo by Jacob Garcia

Over the past half-century, the United States has seen its global dominance in dozens of industries slip away, mostly to Asia, and particularly to China and Japan, not to mention a continuing procession of tiger economies. Taiwan and Korea have certainly benefited.

But one plum that the country has maintained until now is a gargantu…

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