“It must me be magic then that our economy has remained strong relative to most nations.”
This is incorrect, because it ignores how much stronger we likely would have been without the US government squandering every advantage we had. Just pissing them away, the enormous gains we made from WWII through the 1980s.
For a great example of this, why has the US spent trillions of dollars to make China a super power? In exchange, we get a hell of a lot of cheap consumer goods sent in expensive shipping containers, that now sit in rusting mountains outside our major ports.
http://upload.wikimedia.org/wikipedia/commons/b/b3/Prc1952-2005gdp.gif
Were our leaders so astoundingly naive as to think if we made China wealthy it would become our friend?
I’m afraid they were. So instead of America being miles ahead of the rest of the world, economically, we are now being overtaken by China. Instead of the Pax Americana, we are becoming dependent on the good graces of allies who contribute almost nothing, but demand control over our actions.
America used to have heavy industry. Now look at Detroit.
What kind of car do you drive? Were they made here, of American parts, assembled here from parts made elsewhere, or completely made in other countries?
Why did our internationalist leaders give all of it away, or make it possible for companies who do nothing for our nation to access our markets? Surely there is a special place in Hell for them, underneath the logo of the Chamber of Commerce.
I’ll stick with the wisdom of Adam Smith.
Have you ever read Wealth of Nations?
