Is the USA still truly the worlds #1 economy?

Is the USA still truly the worlds #1 economy?

PostBy: lsayre On: Sun May 13, 2012 10:11 am

China has vastly exceeded the USA in these areas:

Automobile production
Steel production
Energy consumption
Oil production (a Chinese company actually became larger than Exxon within the past year)
Electronics manufacturing
Graduating of Scientists,Technicians, and Engineers

It seems the only major thing in which the USA still leads is in the area of personal consumption and spending. Regarding manufacturing we are falling way behind China in most of the significant areas.
lsayre
 
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Re: Is the USA still truly the worlds #1 economy?

PostBy: jpete On: Sun May 13, 2012 10:58 am

We're still number one in exporting our inflation! :D
jpete
 
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Re: Is the USA still truly the worlds #1 economy?

PostBy: lsayre On: Sun May 13, 2012 11:18 am

We're number one in "too big to fail" bail-outs also.
lsayre
 
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Re: Is the USA still truly the worlds #1 economy?

PostBy: samhill On: Sun May 13, 2012 11:56 am

We're also #1 in people that really believe that it all happened in a little over 3 years. It's been going on for decades & seen coming by both sides but they choose to wait it out & work for their true masters instead of "We the People".
samhill
 
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Re: Is the USA still truly the worlds #1 economy?

PostBy: jpete On: Sun May 13, 2012 12:14 pm

samhill wrote:We're also #1 in people that really believe that it all happened in a little over 3 years. It's been going on for decades & seen coming by both sides but they choose to wait it out & work for their true masters instead of "We the People".


And yet you still support one side while you demonize the other...
jpete
 
Hand Fed Coal Stove: Harman Mk II
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Re: Is the USA still truly the worlds #1 economy?

PostBy: samhill On: Sun May 13, 2012 12:19 pm

Jpete, I know your blind but get someone to read the part about going on for decades, I believe that statement alone says that it's been on both sides. As I said earlier there isn't a switch on a wall somewhere that will erase decades with one flick. I just try to not blame every past mistake on the one that happens to be there now.
samhill
 
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Re: Is the USA still truly the worlds #1 economy?

PostBy: franco b On: Sun May 13, 2012 1:41 pm

samhill wrote:I just try to not blame every past mistake on the one that happens to be there now.

You don't blame him for current mistakes either. As long as he promises to soak the rich he's great. his greatest appeal is to the envious and shiftless. His greatest talent is to lie convincingly.
franco b
 
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Re: Is the USA still truly the worlds #1 economy?

PostBy: samhill On: Sun May 13, 2012 2:01 pm

I do blame him for his mistakes franco, I already said IMO he should have never made unemployment comp. that long or at the very least lower the rate every time it's renewed. Many now make more doing nothing & don't want to work anyway, some have a significant other that makes enough to support them, whatever the reason it's been more than enough he just created another welfare. The rich as you call them have been making more than ever & contributing less than ever, having them pay a fair share isn't asking too much IMO. I know the argument that they are paying what is legal but that's only because they can afford to have the laws changed in their favor by law makers who for in a large degree share in the laws. Are you by any chance calling me envious & shiftless, no big deal if you are I've been called names before but normally up front. Why not list some of his worse offenses IYO, just the ones that he did or had the power to do but failed.
samhill
 
Hot Air Coal Stoker Furnace: keystoker 160
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Re: Is the USA still truly the worlds #1 economy?

PostBy: franco b On: Sun May 13, 2012 6:31 pm

samhill wrote:Are you by any chance calling me envious & shiftless, no big deal if you are I've been called names before but normally up front. Why not list some of his worse offenses IYO, just the ones that he did or had the power to do but failed.

No Sam, I don't think you are envious or shiftless but I think a great many of his supporters are. I do think you have a sense of fairness. I don't think the rich should pay more than the 30 some odd percentage they do now, however I believe that all income should be taxed at the same rate regardless of where it comes from. Capital gains and investment income taxed at the full rate would automatically make the rich pay more. I don't see why the working man who actually produces something should have in many cases a higher tax bill than those who have investment income. I don't think money should have special labels according to where it comes from.

As for offenses, the worst I think is not only no energy policy but actual discouragement and hostility toward increasing the energy supply coupled with waste of billions on ill informed solar energy schemes.

Continuing patty cake with the banks with no real reform resulting in trillions wasted. What happened to all those shovel ready jobs?

Obamacare and his statements on the duty of the Supreme Court which were ludicrous.

I really do resent in his speeches when he says "we have to live within our means" and then goes out and racks up another trillion in debt. His tendency to say what you would like to hear with no relationship to what he is actually doing. He just has no shame in bald faced transparent lies. He is the second coming of the Kingfish Huey Long.
franco b
 
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Re: Is the USA still truly the worlds #1 economy?

PostBy: jpete On: Sun May 13, 2012 6:55 pm

samhill wrote: Why not list some of his worse offenses IYO, just the ones that he did or had the power to do but failed.


Reappointing Helicopter Ben would be near the top of my list.
jpete
 
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Re: Is the USA still truly the worlds #1 economy?

PostBy: samhill On: Sun May 13, 2012 7:52 pm

Carter had a energy plan & then along came Jones(scarcasm allert).
http://thinkprogress.org/climate/2008/0 ... ld-reagan/
samhill
 
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Re: Is the USA still truly the worlds #1 economy?

PostBy: franco b On: Sun May 13, 2012 8:51 pm

We are on the verge of energy independence maybe in the next ten years as long as Obama keeps his hands off. Do you think this had anything to do with government or is it the working of free enterprise as Reagan foresaw?
franco b
 
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Re: Is the USA still truly the worlds #1 economy?

PostBy: samhill On: Sun May 13, 2012 9:02 pm

Dry reading but it tells a lot of when when & how the tax payer always gets screwed, tax goes from revenue neutral to a subsidy real quick. You will note it's not one sided.
http://www.fas.org/sgp/crs/misc/RL33578.pdf
samhill
 
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Re: Is the USA still truly the worlds #1 economy?

PostBy: franco b On: Sun May 13, 2012 9:14 pm

My blood pressure was getting too high so could not read it all .

Tax,tax, tax, that was the message.

Just get the hell out of the way. No taxes, no credits, no nothing, and let the market produce and price.
franco b
 
Hand Fed Coal Stove: V ermont Castings 2310, Franco Belge 262
Baseburners & Antiques: Glenwood Modern Oak 114
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Re: Is the USA still truly the worlds #1 economy?

PostBy: samhill On: Mon May 14, 2012 6:57 am

IF YOU GET INTO IT THERE WOULD BE A TAX BECAUSE OF PUBLIC OUTCRY BUT IT WOULD BE OFFSET BY CREDITS OR INCENTIVES OR SOME OTHER NAME TO MAKE IT REVENUE NEUTRAL, SHORTLY AFTER THAT THERE WOULD BE A SUBSIDY PUT IN PLACE. THEN SOME MOSTLY COAL WERE GIVEN BILLIONS TO MODERNIZE EXHISTING PLANTS BUT NOT MANY DID. tHEN ALONG CAME THE ENHANCED CREDIT FOR WRITING THEM OFF PRIOR TO SALE OR SHUTDOWN BECAUSE THEY CAN'T MEET STANDARDS. a WIN-WIN THING FOR THEM & YOU CAN GUESS WHO PAYS FOR IT ALL.
samhill
 
Hot Air Coal Stoker Furnace: keystoker 160
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