Posted on 04/30/2014 1:46:29 AM PDT by 2ndDivisionVet
The US is on the brink of losing its status as the worlds largest economy, and is likely to slip behind China this year, sooner than widely anticipated, according to the worlds leading statistical agencies.
The US has been the global leader since overtaking the UK in 1872. Most economists previously thought China would pull ahead in 2019....
(Excerpt) Read more at ft.com ...
We could reverse this real fast. Just raise the import tariffs and cut income taxes by an equal amount.
Industry would return to the U.S. Americans would be employed again. China would be trying to figure out how to feed it’s population instead of challenging us militarily.
You’re not supposed to remember the details of that assassination attempt, citizen!
I'll put it down the memory hole and remember it correctly next time.
I agree, of course, about what has happened to our own country. Can’t deny that we are losing some of our freedom. Just thought I would point out part of the reason China seems to be ahead.
OK. Without checking I'm guessing that there are 400 million Chinese citizens in the enterprise zones. Fine we have something like 300 million -- BUT! every citizen of America is in an enterprise zone.
There are probably 800 million Chinese citizens who are not yet included in all the economic glory of Red China.
Which reminds me..
When are the Chi-Coms going to pay the rest of what they owe us?
United States Free Enterprise, INC.
INVOICE
Your Treasury certificates are your payment receipts. Thank you.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.