[adorno]

And when you measure national economic output in “real” terms of goods and services, China will this year produce $17.6 trillion — compared with $17.4 trillion for the U.S.A.

Economic output?

So, which country is the wealthiest?

When total infrastructure and total business assets and total personal assets are totaled up, which country comes out on top?

I'd venture to say that, on a one-to-one basis, that Americans posses a lot more wealth than the average Chinese citizen.

Yearly economic output is not a measure of total worth. We have a huge lead on the Chinese in that area.

So, if I own a home valued at $300,000 and a car valued at $20,000 and a bank account with $50,000 and stocks valued at $40,000, my total net worth would be $410,000. How does the average Chinese citizen compare to what I might have amassed?

[familyop]

"So, if I own a home valued at $300,000 and a car valued at $20,000 and a bank account with $50,000 and stocks valued at $40,000, my total net worth would be $410,000. How does the average Chinese citizen compare to what I might have amassed?"

How does the average American citizen compare?

About "70 million" people are receiving good incomes but are also steeped in debt and can't borrow more for big ticket items.

Leviathan (Uncle Sam employs more people than you think)
National Review ^ | 02/03/2011 | Iain Murray
"...nearly 40 million Americans employed in some way by government."

Heavy Hitters: Top All-Time Donors, 1989-2014
http://www.opensecrets.org/orgs/list.php
“2 American Fedn of State, County & Municipal Employees $60,949,129 [Democrat] 81% [Republican] 1%”

They discuss politics with Republicans while giving our money to Democrats.

More Than 101 Million Working Age Americans Do Not Have A Job
http://www.freerepublic.com/focus/f-bloggers/3005481/posts

[wrench]

“So, if I own a home valued at $300,000 and a car valued at $20,000 and a bank account with $50,000 and stocks valued at $40,000, my total net worth would be $410,000. How does the average Chinese citizen compare to what I might have amassed?”

The average American is up to his eyeballs in debt. Very few own their home, and a late model car debt free, and the Average American worker has less than $5,000 saved at retirement.