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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: rurgan
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 .

Wrong, consumption does not mean production.

282 posted on 07/30/2012 4:15:50 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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