Loss of the Global Positioning System and Its Impact on U.S. Economic Security
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The use of the Global Positioning System (GPS) has become so ubiquitous within the United States economy that it can now be considered a national utility. The thesis of this paper is that loss of GPS will likely cause severe damage to United States economic security. I will also show that use of redundant systems within critical infrastructure can mitigate the effects of long-term loss. "Severe" is defined here as potential loss of life, economic damage to the civil sector potentially requiring Federal Reserve loans to recover, or revenue or taxpayer losses measured in the billions of dollars....
The use of the Global Positioning System (GPS) has become so ubiquitous within the United States economy that it can now be considered a national utility. The thesis of this paper is that loss of GPS will likely cause severe damage to United States economic security. I will also show that use of redundant systems within critical infrastructure can mitigate the effects of long-term loss. "Severe" is defined here as potential loss of life, economic damage to the civil sector potentially requiring Federal Reserve loans to recover, or revenue or taxpayer losses measured in the billions of dollars. Such severity is also consistent with many sources used in this work when defining "economic damage." This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
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