Yeah, China is so wealthy that Americans risk their lives to get smuggled into China everyday, oh wait, Chinese get smuggled here. Nevermind.
And why is it that gov't takes half our money? Because they no longer collect tariffs. You do realize that the gov't used to fund itself almost entirely through tariffs. Tax-cut Republicans like you have a single solution for all that ails us, tax cuts. Find a tax and cut it, problem solved. And it's a perpetual power source too since Dems will raise taxes, and then you get to go cut them again. Is it ever necessary to accomplish anything tangeable or is does the rhetoric justify itself? You need to learn to read more carefully. I said we are making the Chinese wealthy, not the Chinese are wealthy.
Yeah, if only we lived in the 1800's and the government was funded only thru tariffs.
Tax cuts aren't the solution for everything, but neither is the government. If we ever cut government to where it should be (much less than 20% of GDP) then maybe we could fund it with tariffs alone. I'd be willing to cut income taxes to zero and try that.
Yes, we're making the Chinese wealthy,
The result has been a quadrupling of GDP since 1978. In 2001, with its 1.27 billion people but a GDP of just $4,300 per capita, China stood as the second largest economy in the world after the US. At this rate of growth, by 2024 they'll be up to $17,200 per capita.
The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $36,300.
They still have a long way to go.
http://www.cia.gov/cia/publications/factbook/geos/ch.html