PPP is good for measuring standard of living, why is PPP more realistic when discussing size of economy?
As I understand it we produce 8 times more goods and services priced in dollars than they do, is that wrong?
Nice chart (couldn't you get one from E.P.I.?), that makes us a debt ridden beggar?
Based on PPP "Purchasing Power Parity" measures, it is. The Chinese, in terms of exported goods, in tonnages, and based on PPP, already brag that they are a bigger industrial economy than the U.S.
Nice chart (couldn't you get one from E.P.I.?), that makes us a debt ridden beggar?
You should, in intellectual honesty, admit that it does support the contention rather well. As for its sourcing, you sound disappointed. Not going to give you the grounds for ad hominems. I could go look for one, but why should I?