This article is BS on so many levels.
Weak nations import most of what they use, strong nations produce most of what they use. Do you think its wise that we have outsourced our energy production?
500 Billion a year that leaves the country and leaves us vulnerable to blackmail.
How well do you think articles like this will play out with an angry electorate? The country is short 10-20 million jobs, due to poor government policy that encourages outsourcing.
China is on the way to becoming the most powerful country in the world. Think about that...
The per capita GDP for China is about $5400/year. The per capita GDP for the USA is about $48,000/year.
The Chinese are not going to catch up to us in the foreseeable future if ever. The reason: they will never reach the level of productivity of the American worker. At least not in our lifetimes.
China's per capita GDP is at a third world level.
They will probably never catch up to us.
WE the U.S.A can’t even make our own consumer electronics nor our own clothes and many other consumer industries. China makes MOST of the consumer electronics that 9 billion people use, 54% of the world’s steel. China has 10 times the number of manufacturing workers than the U.S. has. Most of these China workers work in new modern factories that the U.S.A has never seen the like of. Yet many propagandists here say that the debt ridden U.S. is more productive than China: it’s all lies.