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To: rurgan
China rose at our expense. Surely you free traitors can't say that the U.S. economy is better or bigger than China's.

Watch me say it.

The American economy is three times that of China with one quarter the people.

You seem to be able to look up statistics but are not yet able to put them in context.

273 posted on 07/30/2012 2:48:54 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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To: BfloGuy
China is building 1 Chicago a week while the U.S. cities become hellholes and you say the U.S. economy is better . Truly you are insane since you believe an economy with the debt the U.S. is building NOW is the best in the world or better than china.

http://www.youtube.com/watch?v=2j-ypNuNg8Y

That's BS. The definition of economy (GDP) says that 2/3 of U.S. GDP is consumer spending and then most of the rest is government spending . that is your big U.S. economy consumers spending money on foreign made goods . And that is overvalued inflated dollars that many are borrowed and printed out of thin air. The U.S. doesn't produce real wealth which is why the U.S. borrows so much and debt is exploding and living standards and jobs are declining. A real economy is producing wealth and moving 300 million people out of poverty and into the middle class as china has done in the last 20 years. If you look at real production, a real economy as in number of products produced as in consumer electronics, steel( China produces many times the steel the U.S. does then you see it's not even close : china produces much more.

China is building 1 Chicago a week while the U.S. cities become hellholes and you say the U.S. economy is better . Truly you are insane since you believe an economy with the debt the U.S. is building NOW is the best in the world or better than china.

276 posted on 07/30/2012 3:23:42 PM PDT by rurgan (Sunset all laws at 4 years.China is destroying U.S. ability to manufacture,makes everything)
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To: BfloGuy
China has 10 times more workers in manufacturing than the U.S. has.So china's economy is at least 10 times bigger than that of the U.S. Name what consumer electronics are made in the U.S.A. go ahead name them if the U.S. produces so much.

And the factories are more modern , some factories in china have 200,000 workers. So the workers produce more so it's more than 10

LOL. you have no understanding of how China has undervalued it's currency.

China produces more products than the U.S. does . that is the real economy not what economists say it is ( as in consumer spending in an overvalued currency). The real economy is manufacturing , producing things not consumer spending , government spending as economists define it. It's like saying welfare recipients are the economy . sure they spend so that's an economy? LOL. That's s what we Americans are now welfare recipients. look at the analogy . china gives us discounted goods which we pay for with monopoly money and they get to have the machines ,technology , know how to manufacture. welfare recipients produce nothing and neither do we but we spend so much as if that is production according to stupid economists.

278 posted on 07/30/2012 3:50:50 PM PDT by rurgan (Sunset all laws at 4 years.China is destroying U.S. ability to manufacture,makes everything)
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To: BfloGuy

For the past 30 years China has averaged 10% growth per year. That’s 19 times the size in 30 years.

China has a billion people

You say the U.S. economy is 3x that of china

So you are saying that the U.S. had 19 x 3 = 57 times the size of China’s 30 years ago.

So you are saying 30 year ago the U.S had an economy 57 times the size of a country that has a billion people. That’s totally ridiculous. China has a much larger economy than the U.S.


293 posted on 07/30/2012 4:54:26 PM PDT by rurgan (Sunset all laws at 4 years.China is destroying U.S. ability to manufacture,makes everything)
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