I'm not sure I've ever seen a post were you can parse out each sentence and call it absurd. I'm not sure what history book you are reading. Oh right Texas has it's own textbooks that fly in the face of actual history.
Texas Cooks the Textbooks
Obama's American Jobs Act
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I'm not sure I've ever seen a post were you can parse out each sentence and call it absurd. I'm not sure what history book you are reading. Oh right Texas has it's own textbooks that fly in the face of actual history.
Texas Cooks the Textbooks
There was a great little program on Tv yesterday explaining that the US spent the years between WW1 and WW2 preparing for a war with Britain involving invading and seizing Canada and then other British possessions. It envisaged trench warfare on the scale of WW1 waged across canada with millions of men on either side. Hitler spoilt the plan by making himself more of an enemy than Britain. The program makers noted that what was unusual about this situation was not that the US planned for war, but that a rising world power achieved dominance over its predecessor without in the end the war being fought. But maybe it was not so strange, given that in reality Germany was the challenger for world supremacy facing the US.
Now the boot is on the other foot. It is the US scrabbling for resources to defend its position. Britain eventually had to give up the notion that the economy ran on autopilot simply because it made the rules and had the advantages. The US economic position is declining and with it its power to make the rules to suit itself. In the 1920s or so the US was expanding in wealth because of its natural advantages. Then it screwed up the financial structure and set the whole thing back, but eventually the background position reasserted itself. Now the background has turned against the US making the policy details all the more important. The US cannot just count on an inherent position to save it from loopy leaders.
Now the boot is on the other foot. It is the US scrabbling for resources to defend its position. Britain eventually had to give up the notion that the economy ran on autopilot simply because it made the rules and had the advantages. The US economic position is declining and with it its power to make the rules to suit itself. In the 1920s or so the US was expanding in wealth because of its natural advantages. Then it screwed up the financial structure and set the whole thing back, but eventually the background position reasserted itself. Now the background has turned against the US making the policy details all the more important. The US cannot just count on an inherent position to save it from loopy leaders.
I don't think the US economic position is declining rather the rest of the world is catching up.
The US is China's biggest customer. China can't grow if the US is in decline. Unless somehow you can convince the Chinese to buy all that stuff they make themselves.
The US is China's biggest customer. China can't grow if the US is in decline. Unless somehow you can convince the Chinese to buy all that stuff they make themselves.
Have you been to China? I was there in 1981, 1994, 2008 and this past February. The change is just unbelievable and the rate of change is increasing. They already afford a lot of the stuff they produce and at the pace they are going, in a few more decades don't be surprised if their companies are opening factories in Mississippi because they need a low wage place to manufacture solar panel components.
The recent IMF report stated that profitability of companies had recoved to the same level as before the crash but the income of the lower paid continues to decline.
Didn't they say the same thing in the 70's/80's when it looked like Japan was going to upset the global balance? And Japan was buying American landmarks. They built 'transplant factories' in the U.S., everyone thought the secret was a new mix of government and industry was now the secret sauce of success? Then well it never really unfolded that way.
Why China's Rich Want To Immigrate To America
There are some really bizarre theories on this thread, however must add it is most enjoyable to read a serious intriguing post, then get to look at the posters dick.
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the American jobs act is the ONLY legislation in congress that specifically creates jobs. period. the GOP only offers more tax cuts for wealthy people, which has done little to create jobs and has widened the gap between rich and poor. NOT healthy for a democracy that depends on an expanding middle class.
Obama - His a*s is sinking fast! For all of those who voted for Obama, you got what you voted for - a man who you knew was a Socialist. So your great-great-great grandchildren will be paying off the $14 TRILLION you allowed him to. Remember he entered the race for President after spending ONLY 134 days in Congress. You knew he was not experienced.
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