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US decline

anthrax

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Do you think the US economy is declining and its economic power is weakening ?

Looks like the era of uncontested leadership is behind us ....
The huge budget surplus that Clinton left also belong to the past
 
Well such events as watching Russia go broke policing the world and seeing it's citizens turn to a bunch of drunks freezing to death by the 1000's makes you wonder. Hmmmm--I need to look into alky stocks.
 
MasterBates said:
no

the "author" of this thread

Why do you think this is a joke ?
 
its the trade deficit that will kill us.

china will be on top in 20 years.
 
Anthrax said:
Why do you think this is a joke ?


dude

economy has been declining since the first day georgio became our president.

thats like almost 5 years now.
 
MasterBates said:
dude

economy has been declining since the first day georgio became our president.

thats like almost 5 years now.

I never said the decline is beginning now

As I stated Clinton left with the bigger surplus in US history
and now Bush manages to create the bigger deficit in US history
 
Anthrax said:
Do you think the US economy is declining and its economic power is weakening ?

Looks like the era of uncontested leadership is behind us ....
The huge budget surplus that Clinton left also belong to the past


Dude are you serious?
LOL.
Answering the question, Hell No!!

That budget surplus from Clinton is because he did nothing for the future of America. And the proof is the economic recession he gave us. Democrat governments live from the moment; from people's taxes and private companies taxes. But in order to have those big companies generating jobs and paying taxes you have to create the conditions. Those conditions were created under Bush father's administration. The same happens now. After the big recession from clinton administration, the worst terrorist attacks in U.S. history and a complete change in homeland security and handling two wars, President Bush already fixed the economy. Now we are stronger than ever with a sustained growth. And let me prove it with this:
(most of these reports from communist news networks)

" News > Jobs & Economy

GDP growth faster than thought

Robust consumer spending on cars, furniture and food helps power economy in latest quarter.
November 30, 2004: 8:41 AM EST

WASHINGTON (Reuters) - Robust consumer spending on cars, furniture and food helped power U.S. economic growth forward in the third quarter at a faster pace than previously thought, the government said Tuesday, while underlying inflation was the tamest in decades. "
http://money.cnn.com/2004/11/30/news/economy/gdp.reut/

"U.S. economic growth revised upwards
Gross domestic product expanded at 3.9% rate in 3rd quarterThe Associated Press
Updated: 9:31 a.m. ET Nov. 30, 2004WASHINGTON - The economy — helped out by more brisk consumer and business spending — grew at an annual rate of 3.9 percent in the third quarter, a performance that was stronger than previously thought."
http://www.msnbc.msn.com/id/6618319/

"U.S. economic growth sizzles

Third-quarter growth of 7.2 percent is strongest in nearly two decades; will job growth follow?
October 30, 2003: 5:47 PM EST
By Mark Gongloff, CNN/Money Staff Writer

NEW YORK (CNN/Money) - U.S. economic growth surged in the third quarter at the fastest pace in nearly two decades, the government said Thursday, but even President Bush admitted that was unlikely to be sustained. "
http://money.cnn.com/2003/10/30/news/economy/gdp/?cnn=yes

Also watch these economic indicators from the WHite House:

http://www.whitehouse.gov/fsbr/output.html

Now the people maybe say "and why there are not that much jobs"? We'll start seeing that strenght in 2005 and 2006. And I'm glad Euro is a lot more expensive than dollar. That give us a lot of benefits. For europeans an American product is cheaper. That means more American production, more exports to Europe and European investments in America to create those products.

So don't believe in what you hear from cheap reporters. And don't believ what democrats say about their governments. And the proof for that is clinton government. What you do with a surplus if you have an economic recession. Following democrat policies, eventually you'll have to spend that surplus trying to stabilize the economy. And believe me. Democrats KNOW THIS. But of course they take adavntage from ignorance in the people because they use sensationalism to get votes and live from the moment as OPPORTUNISTS.
 
Anthrax said:
I never said the decline is beginning now

As I stated Clinton left with the bigger surplus in US history
and now Bush manages to create the bigger deficit in US history
pay no attention to him lol

the calls for the end of US domnance have been around for a long time Japan was supposed to surpass us but as we all know the Nikkei collpased and money is technically free in japan yet they cannot get any footing under their economy..

Politicians make a big stink about deficits and how especially during an election year..whether or not people agree with me it doesnt matter..most of wall street knows deficits do not decide ecnomic strength in an economy..
 
What would happen if Japan and China decide to stop financing the US budget deficit ?
 
Anthrax said:
What would happen if Japan and China decide to stop financing the US budget deficit ?
both countries run trade surpluses with us..if they stopped sending capital here they would plummet their own economies
 
That's right. China is making big part of his money from US. Remember, almost everything we buy everywhere is "made in china". But that's not a chinese company. That's an American investor, with American machinery, giving job to chinese people. If they cut us, they fuck up themselves. Also, economists are really worried about China's economy because there's no country that can hold a so fast growth during so many years. Eventually that machine has to collapse some day. We have a sustained growth in history, of course with some recessions but always steady. We rock!!

(and that's what the world hate...and the communists here too)
 
Testosterone boy said:
I say China is #1 by 2012.


Could be...but we'll take care of that before...piece of cake.
 
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