To: seowulf
Americas economy has been growing like crazy over the last few years, as economist Larry Kudlow, host of CNBCs Kudlow & Company, explained in a July 11, 2006, column. Did you know that over the last 11 quarters, dating back to the June 2003 Bush tax cuts, America has increased the size of its entire economy by 20 percent? he asked. In less than three years, the U.S. economic pie has expanded by $2.2 trillion, an output add-on that is roughly the same size as the total Chinese economy. From Kudlow, one of Wall Street most ardent globalists. So the Chinese econmy is now 1/6th that of the USA's. When Nixon went to China, it didn't have an economy. At the rate Wall Street is shipping our manufacturing to China, we will be lucky to have an economy in thirty years. Wonderful Mr. Kudlow. Wonderful. How much of your wealth is socked away in Switzerland.
7 posted on
12/10/2006 2:47:27 PM PST by
LoneRangerMassachusetts
(The only good Mullah is a dead Mullah. The only good Mosque is the one that used to be there.)
To: LoneRangerMassachusetts
At the rate Wall Street is shipping our manufacturing to China, we will be lucky to have an economy in thirty years Kudlow is probably aware, unlike yourself, that we manufacture more today than at any other time in history. We just do it with fewer plants and less people. That productivity growth is what's responsible for our increased compensation.
![](http://i109.photobucket.com/albums/n41/soosooband/MK-AH306A_BOBCA_20061023214420.gif)
If we're shipping all our manufacturing to China how do we manage to produce 80% more than Japan each year and 130% more than China? We make more than both of them combined. Our economy is seven time China's and, more importantly, our GDP per capita is 30 times higher than China. You're worried about things that don't exist.
18 posted on
12/10/2006 3:37:01 PM PST by
Mase
(Save me from the people who would save me from myself!)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson