At some point it is likely China’s economy will become larger than ours.
It will be a LONG time, if ever, before it becomes more prosperous.
So much for the breadth of his knowledge.
Didn’t Bambi say something in the SOTU about a “humbled” US? The problem is that these leftist creeps actually want this to happen and are rooting for our demise.
There was a liberal idiot on Hannity a while ago who, when pushed to find something good Obastard had done, stated that Obama had taken those nasty factory jobs and shipped them overseas so that the (now unemployed) workers could do “better” things with their life. He was serious that it was better to have no job at all than to have one that was unpleasant but paid for your lifestyle.
GDP: 9.85 trillion (2010 est)
Per Capita: $7,400 (2010 est)
Source: CIA World Factbook
China can pass us in GDP all they want. It's people are still broke and oppressed.
Sounds like the same garbage Free Traders spew whenever I go after Free Trade with Communist China.
“Communist China will surpass America” is quoted often by the Free Traders...about as much as “I want my cheap HD TV”
Even with all the wealth and jobs shipped from America to Communist China....the Communist Chinese economy will never surpass the US economy. Note:
1. Communist China is still a one-party state which runs everything from their centrally-planned economy. It is a Communist Country....contrary to what Liberals and Free Traders claim
2. They cannot survive if the US does not buy their products. Communist China does not have another market to sell to, to make up any loss from the USA...which is why they will keep loaning the USA money.
3. Their forced Communist family planning (one-child) will catch up with them in 10-15 years.....wages will rise as fewer workers will be available....thus losing any advantage over the west with low wages.
“A world in which China becomes rich enough to buy .... us and educated enough to invent things that ....control.... our lives is a better world”
There, fixed it to reflect the progressive utopia
Klein assumes China wouldn't use her newfound wealth to come after us, like Philip II went after England and Darius I Hydaspes went after the Greeks at Marathon.
Why does this idiot assume that the Chinese will break with 4000 years of their own history and not go asymptotically expansionist?
On what basis does he project that China wouldn't use their wealth and manufacturing capacity to equip the world's first 40,000,000-man army to come take Siberia and North America? Is it the celebrated Chinese "pacifism gene"? Oh, wait -- they don't have one. Next argument?
We live in a world with dictators from Tunisia to Egypt. And many Americans seem more worried about a country that could become a larger economy than the US.