China overtakes Japan in GDP

[Capt. Henry Morgan]

Meh, the US will rebound like it always does.

8 years of a Republican will do that to us.

It goes back further than the Republicans. Both parties are at fault for allowing American manufacturers to sell out and move jobs out of the country in the search for cheap labor. What the rich bastards didn't think of is who buys the crap they sell? American workers. A well compensated worker buys more (and more expensive) stuff than a minimum wage worker does. They shot themselves in the foot by considering the bottom line right now over the long term, bigger picture.

Again, as I said, I don't blame the Chinese for this at all. They see an opportunity to cash in and improve their own nation's lot, and they're running with it full speed ahead. They're not stupid, after all. If it hadn't been China, it would've been someone else.

Unless we start manufacturing more of our own stuff, and pay the workers who make it a fair wage, things will only continue to get worse in the long run, I think.

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