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To: Toddsterpatriot
As I understand it we produce 8 times more goods and services priced in dollars than they do, is that wrong?

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?

223 posted on 06/08/2005 2:51:54 PM PDT by Paul Ross (George Patton: "I hate to have to fight for the same ground twice.")
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To: Paul Ross
Based on PPP "Purchasing Power Parity" measures, it is.

Please explain Purchasing Power Parity, because I don't think it means what you think it means.

You should, in intellectual honesty, admit that it does support the contention rather well.

Supports the contention that the US is a debt ridden beggar? I guess that depends on your definition of debt ridden. What's your definition?

225 posted on 06/08/2005 2:58:27 PM PDT by Toddsterpatriot (If you agree with Karl Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
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