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originally posted by: Domo1
Not really.
Well, not quite. Or at least not yet. As some pundits have pointed out, the IMF isn’t using the conventional measure of the value of goods and services the China produces, otherwise known as gross domestic product, or GDP. By that measure, the good ol’ U.S.A. still makes way more dollars worth of stuff than China does — though that lead is deteriorating.
Link
originally posted by: JBRiddle
#2 Once President Obama is gone and we get a Republican President, you will see a move to cut the corporate tax rate from 40% (highest in the world) to 20-25%. This will be like throwing gasoline on a fire, and with the combination of lower taxes, and cheap energy the American Economy will take off.
America give the right leadership will rise. We may be down now, we've been her before. But we will rise once more. Count on it.
True enough the decline began MANY years ago leading all the way back to T. Roosevelt, and the 'ending' of monpolies, and antitrusts.
Going forward to the Frank Dodd ACt
How the EFF does communist china have a better business environment than so called 'capitalist' America?
So CLinton signed NAFTA in to LAW, but it's Reagans 'fault'.
That was effing hilarious. What the hell do people think; Wheres my job at ? Wheres my living wage at ? Where's my free home ? Wheres my free healthcare?
Run business out of this country, strangle business in this country.
But hey 'Reagans' to blame.
originally posted by: crazyewok
originally posted by: Lagrimas
a reply to: Spider879
So India is 4th most prisoners but first least prisoners. Yr tables are a load of crop
Not really as the "land of the free" still has the worlds biggest prison pop no matter were you look
originally posted by: Tardacus
America`s youth are too busy protesting in the streets, every time a thug gets killed by the police, to be bothered with trying to stay competitive with the rest of the world.
originally posted by: JohnPhoenix
I'm so happy we are not #1 anymore !!
I hope this trend continues and America falls further down the list. That's the only way up wake to politicians up and cause them to do whats right for this country instead of being the corrupt jackarses they are.
originally posted by: Yeahkeepwatchingme
a reply to: buster2010
The nation started going downhill years before that dope was installed.
originally posted by: bigfatfurrytexan
Meanwhile, America continues to suck the bottom of the barrel on education. But never fear....we have the most rich people in the world. So all the plebes can live vicariously through the wealthy while claiming they are from the worlds wealthiest nation.
LOL...so American. We don't care how dumb someone is, only how much money they have. Its the only explanation I have for Kanye still being famous.
originally posted by: Yeahkeepwatchingme
a reply to: bigfatfurrytexan
Our constant need for convenience and comfort led us to exploit other nations for cheaper goods, thus some are now able to rise up. How does that have nothing to do with the topic?
The truth hurts and Americans are no longer "number one". Wah, big deal but a lazy population more focused on the game and getting home to sit on the couch means a population that will not maintain it's perceived superiority.
originally posted by: neo96
a reply to: buster2010
How the EFF does communist china have a better business environment than so called 'capitalist' America?
originally posted by: Yeahkeepwatchingme
a reply to: jacobe001
The people who control the leaders sold us out, not the ones who moved to China.
We'll bounce back one day with a "stronger economy" and workforce. Stuff always changes.
originally posted by: Commonlaw
a reply to: coldkidc
What I have been saying for a long time. Want to live a middle class life the way your parents used to? You have to move to China. America no longer offers that option.