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To: bruinbirdman
Countries that value growth and economic prosperity to generate more opportunity for their people (such as China and India - if you can believe it!) move to adopt and sustain economic policies that favor production, trade and business success. On the other hand, countries and leaders that are more concerned about wealth redistribution, increasing state control over private citizens, and increasing the role and dominance of government (USA in 2009/Obama) move in the opposite direction ...

We're clearly on a course to economic stagnation (or worse) in the USA under Obama and the Democrats, but unfortunately too many of us don't and/or won't face up to that fact yet.


5 posted on 07/05/2009 5:08:29 PM PDT by JustTheTruth (Say "NO!" to Socialism in America!)
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To: JustTheTruth

I would agree about India, however China (as far as I am concerned) merely tolerates market forces because it serves the state (keep in mind that fascism is just a little to the right of communism - and treats private property as a joke). Remember the PLA has its fingers in every pie.
India’s political system - in the long term, and the direction it is currently heading - would be more conducive to economic growth by its own entepreneurs. I have seen some of the new control systems products coming out of India - homegrown, original stuff, and the company owners are very hungry. These are the people who will break the stereotype of outsourced cookie cutter tech support.

And this great country is going backwards.


8 posted on 07/05/2009 6:30:51 PM PDT by Fred Hayek (From this point forward the Democratic Party will be referred to as the Communist Party)
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