Well, it was nice being number one for a while until the Republicans took over and now we've been turned into yet another cheap vacation spot where foreigners come to take advantage of the insanely weak local currency. The era of the American Peso has arrived, and you can thank George Bush, John McCain and all the Republicans for guaranteeing America's second place status in the world for the 21st century. This is an issue that Obama should be talking about. How John McCain and the Republicans have failed to invest in our future, how the world keeps advancing ahead while America keeps falling behind.
From the Guardian:
Spanish fashion chain Zara has expanded so rapidly in recent months that it has overtaken its main US rival Gap to become the world's largest clothing retailer. Beloved by proponents of fast-fashion, Zara has spread its reach across the world at a time when Gap has suffered from plummeting consumer spending in the US.
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