ran 3.4 milesI had posted back in March of this year about China’s full sprint toward claiming the title of “World’s Largest Economy”, while America, fighting against itself, coupled with a president intent on spending money we don’t have and decreasing the value of the American dollar, sets a mediocre pace of something between a walk and a jog toward its future. I understand the goals and I see the vision Barack Obama has, a future that looks bright on the horizon yet is completely unrealistic, but the bridge he is building to obtain that future is made of popsicle sticks.
You may not know this but China has recently surpassed Japan and claimed the status of the second largest world economy. This news preceded the tragedies that occurred in Japan recently and China is projected to overtake America’s economic stride in 2016, according to CNN Asia Business Analyst, Ramy Inocencio.
Inocencio’s source is the International Monetary Fund and its new GDP forecasts. China’s gross domestic product is speeding toward a projection of $19 trillion, an $8 trillion increase in the next five years. America is forecasting $18.8 trillion in 2016, an increase of only $3.5 trillion in the same period of time. With numbers like that and the state of our economy, China’s economy stands to exponentially surpass ours after 2016.
With everything currently at stake in this nation, the 2012 budget battle in particular, our president and liberals are showing little interest in slashing spending, while conservatives are attempting against all odds to climb back to the surface of our deficit.
In early March of this year, Barack Obama had uttered one of the most ridiculous and defining statements of who he really is when he suggested that it would be so much easier to be the president of China. President Hu Jintao does not receive very much scrutiny from the Chinese press and the Chinese people he represents don’t have many disagreements with him when he speaks in Tahrir Square. They are a communist nation. What exactly does Obama mean with words like that and what president of the United States of America possesses the tactlessness to say such a thing? He compared the iron fist of China to the freedom America has been fighting for and maintaining for nearly 250 years in a light that casts a shadow on everything America stands for and illuminates the tenets of a government that does not let their people even criticize their leaders in the slightest manner. Those words Barack Obama uttered to America speak for themselves.
1,341.7 miles to go.
You may not know this but China has recently surpassed Japan and claimed the status of the second largest world economy. This news preceded the tragedies that occurred in Japan recently and China is projected to overtake America’s economic stride in 2016, according to CNN Asia Business Analyst, Ramy Inocencio.
Inocencio’s source is the International Monetary Fund and its new GDP forecasts. China’s gross domestic product is speeding toward a projection of $19 trillion, an $8 trillion increase in the next five years. America is forecasting $18.8 trillion in 2016, an increase of only $3.5 trillion in the same period of time. With numbers like that and the state of our economy, China’s economy stands to exponentially surpass ours after 2016.
With everything currently at stake in this nation, the 2012 budget battle in particular, our president and liberals are showing little interest in slashing spending, while conservatives are attempting against all odds to climb back to the surface of our deficit.
In early March of this year, Barack Obama had uttered one of the most ridiculous and defining statements of who he really is when he suggested that it would be so much easier to be the president of China. President Hu Jintao does not receive very much scrutiny from the Chinese press and the Chinese people he represents don’t have many disagreements with him when he speaks in Tahrir Square. They are a communist nation. What exactly does Obama mean with words like that and what president of the United States of America possesses the tactlessness to say such a thing? He compared the iron fist of China to the freedom America has been fighting for and maintaining for nearly 250 years in a light that casts a shadow on everything America stands for and illuminates the tenets of a government that does not let their people even criticize their leaders in the slightest manner. Those words Barack Obama uttered to America speak for themselves.
1,341.7 miles to go.
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