Thursday, July 21, 2011

The Chinese Century - US Second Class Status

By 2016, China is projected to be the largest economy in the world putting the US in second class status.  China's Gross Domestic Product (GDP) will surpass that of the US because our government, as managed by Socialist President Obama, has failed to implement a pro-growth economic plan.   It really is that simple.   This could be acceptable if it meant that the Chinese would be buying more goods and services from the United States; but that is not likely to happen because the Chinese have been investing in and "acquiring" by hook or crook, technology, manufacturing and service capabilities, so much so, that as their consumer demand ramps up, they will be able to to support sales internally rather than looking to external purchases from the West.  We can't blame the Chinese for being smart; but we can and should blame our elected representatives for being dumb and betraying our nation.

Who ever has the gold makes the rules and the Chinese have the gold, while the Obama continues trillions in deficit spending that is bankrupting our nation.   As it is now, we are working for the Chinese to pay the interest on the trillion dollars in US debt that they hold.  Their return on investment will only get better as interest rates go up, as surely will occur, if we don't get our deficit spending under control.   China is forging ahead in space technology just as Obama has ended the space program.   The fact is that the US is broke and can no longer afford the space program when we have 43 million Americans on Food Stamps.   The problem is that many new technologies emanated from the space program.   This just means that the Chinese will own those technologies rather than US companies.   What a shame!  In addition, when Obama talks about solar energy, he is really talking about creating jobs in China since China is already the largest producer of solar panels in the world. 

Most important and ominously, as the Chinese become an even greater economic power, they will also become an even greater military power.  The Chinese have learned the lessons of history well.  Centuries ago, they had a blue ocean navy and abandoned it as one of their Emperors closed China to the outside world.   They will not make that mistake again.  In addition to being a nuclear power, China will build a blue ocean navy that will allow them to extend their power around the the world and to our shores.  Certainly, they will seek to dominate Asia Pacific, if not farther.   China is in the process of gaining control of commodities all over the world.   They will ultimately seek to protect their economic interests, which may mean a direct challenge to US interests.  

History is our teacher.   All of this is coming if we don't act to regain America's preeminence in the world.   The United States does not have to fall to second class status.   The 21st Century could be an American century rather than the Chinese Century; but it will not happen if President Obama and his Socialist pals in Congress remain in office.   In order to remain the preeminent super power, we must restore economic growth and job creation once again in the United States and have a military that is second to none.    We must see GDP growth of at least 5% a year, which is possible if we can get Obama's Socialist boot off the necks of American business.  

We need a pro-growth tax policy and a 50 year energy plan to get the United States moving again.   We have to roll back 100 years of Socialism that is destroying is our country.   We have to send Obama's environmental wackos packing to stop the havoc they are causing American industry.  We have to deal with the trial lawyers to end all the frivolous litigation.   We must end collective bargaining for public employees that is bankrupting our country.  In essence, we must end everything Obama to put our fiscal house in order and get the United States back on track. 

We have to take back our country in 2012 and 2014 to prevent the decline of the United States.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   If WE THE PEOPLE fail to take action, the 21st Century will be the Chinese Century.   We can't let that happen. 

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