The End of American Preeminence

[deltex1]

The same thing he bases everything on: the mouse in his pocket arguing with the voices in his head!

It's math, dummy, so you wouldn't understand. Quality of Life, and Growth in GDP, both of which we now suck at. On the other hand we have way more people in jail, far more than Russia actually. Congrats on that.

Russia has no ******* or mexicans...they're fortunate that way.

 

[jwoodie]

Does anyone seriously doubt that the United States will recede back into the ranks of other large counties (e.g., BRICs) by the end of this century? I do not place blame for this eventuality on any particular political party or philosophy, but rather on the end of a unique chain of circumstances which culminated in the American Century of the 1900's. Among these were a unique form of government, capitalism and two world wars which left us as the unscarred industrial engine for the rest of the world.

The spoiled children of this inheritance (aka Baby Boomers) have been happily whittling it away for the past 50 years, and it will soon be time to pay the piper his due. Greed, which was once a beneficial driving force of capitalism, has now become permanently ensconced in the public and publicly regulated sectors of our economy. For example, the average "regular" (published) pay for law enforcement in a suburban California County is $80,000 per year. However the actual average pay is $112,000, which is 40% more than what the public is told. This is a microcosm of what is happening throughout our country.

At this point, our financial situation is so terrifying that it can't be rationally discussed, let alone addressed. Even the most optimistic growth projections for economy won't bring us anywhere near to being able to meet our obligations. We are now in the stage of maxing out our last credit card, whose limit has been raised by creditors who have no other customers at present. The remaining longevity of our house of cards will not be measured in centuries, but in decades.

If the US is not going to be the preeminent nation of the 21st century who will be? China, whose decades of impressive economic growth certainly put them in the running. America's military superiority is untouchable which is always a very big stick. India will have the largest population by 2025 and Brazil has the most abundant resources. There's a good chance that no nation will be dominate in the 21st century.

I think the United States will do just fine, but the era of Western primacy is coming to an end. As long as interest on the debt is manageable, the US will have no problem in regard to it's financing. The U.S.spends 1.4 percent of GDP servicing its debt, less than half the amount in 1989, the year Reagan left office. Pessimists see only the size of the debt obligation without considering the ability of the nation to meet it's obligations. US taxes are relatively low compared to other nations and spending, unlike so many nations with high debt can be cut if we choose to do so.

Isn't this due to abnormally low interest rates? Will we be able to afford 5% of GDP?

 

[SwimExpert]

Does anyone seriously doubt that the United States will recede back into the ranks of other large counties (e.g., BRICs) by the end of this century? I do not place blame for this eventuality on any particular political party or philosophy, but rather on the end of a unique chain of circumstances which culminated in the American Century of the 1900's. Among these were a unique form of government, capitalism and two world wars which left us as the unscarred industrial engine for the rest of the world.

In other words, as the rest of the world slaughtered each other we sat back and collected the benefits, then waited to get involved until the very last minute. We became dominant because everyone else blew themselves up so we were all that was left, having no substantial competition. After decades of international rebuilding we began facing competition for the first time and we failed.

 

[Freewill]

Does anyone seriously doubt that the United States will recede back into the ranks of other large counties (e.g., BRICs) by the end of this century? I do not place blame for this eventuality on any particular political party or philosophy, but rather on the end of a unique chain of circumstances which culminated in the American Century of the 1900's. Among these were a unique form of government, capitalism and two world wars which left us as the unscarred industrial engine for the rest of the world.

The spoiled children of this inheritance (aka Baby Boomers) have been happily whittling it away for the past 50 years, and it will soon be time to pay the piper his due. Greed, which was once a beneficial driving force of capitalism, has now become permanently ensconced in the public and publicly regulated sectors of our economy. For example, the average "regular" (published) pay for law enforcement in a suburban California County is $80,000 per year. However the actual average pay is $112,000, which is 40% more than what the public is told. This is a microcosm of what is happening throughout our country.

At this point, our financial situation is so terrifying that it can't be rationally discussed, let alone addressed. Even the most optimistic growth projections for economy won't bring us anywhere near to being able to meet our obligations. We are now in the stage of maxing out our last credit card, whose limit has been raised by creditors who have no other customers at present. The remaining longevity of our house of cards will not be measured in centuries, but in decades.

If the US is not going to be the preeminent nation of the 21st century who will be? China, whose decades of impressive economic growth certainly put them in the running. America's military superiority is untouchable which is always a very big stick. India will have the largest population by 2025 and Brazil has the most abundant resources. There's a good chance that no nation will be dominate in the 21st century.

I think the United States will do just fine, but the era of Western primacy is coming to an end. As long as interest on the debt is manageable, the US will have no problem in regard to it's financing. The U.S.spends 1.4 percent of GDP servicing its debt, less than half the amount in 1989, the year Reagan left office. Pessimists see only the size of the debt obligation without considering the ability of the nation to meet it's obligations. US taxes are relatively low compared to other nations and spending, unlike so many nations with high debt can be cut if we choose to do so.

China went from nothing to something in a short period of time. But if memory serves their economy was number 2 20 years ago and still is number 2 by some standards. They cannot continue their growth with the majority of their country still living in the stone age. With their government oppressing the people. The day will come when the poor has had enough. What is being predicted for the US will happen in China. The US poor are not all that poor by world standards. As long as they have Obama phones and cable the'll remain happy.

 

[Freewill]

Does anyone seriously doubt that the United States will recede back into the ranks of other large counties (e.g., BRICs) by the end of this century? I do not place blame for this eventuality on any particular political party or philosophy, but rather on the end of a unique chain of circumstances which culminated in the American Century of the 1900's. Among these were a unique form of government, capitalism and two world wars which left us as the unscarred industrial engine for the rest of the world.

In other words, as the rest of the world slaughtered each other we sat back and collected the benefits, then waited to get involved until the very last minute. We became dominant because everyone else blew themselves up so we were all that was left, having no substantial competition. After decades of international rebuilding we began facing competition for the first time and we failed.

We didn't fail, with free trade agreements being anything but free we created our own competition with our own companies. We are destroying ourselves.

 

[SwimExpert]

We didn't fail, with free trade agreements being anything but free we created our own competition with our own companies. We are destroying ourselves.

No, we haven't actually failed. But jwookie talks like the world is going to end if the US isn't the big man on campus.

Truth is, other countries are emerging into their own place of prominence in the world, and that's that. It takes nothing away from ourselves or our accomplishments. It's no different from the fact that whatever success I have in business takes nothing away from your own.

 

[Freewill]

We didn't fail, with free trade agreements being anything but free we created our own competition with our own companies. We are destroying ourselves.

No, we haven't actually failed. But jwookie talks like the world is going to end if the US isn't the big man on campus.

Truth is, other countries are emerging into their own place of prominence in the world, and that's that. It takes nothing away from ourselves or our accomplishments. It's no different from the fact that whatever success I have in business takes nothing away from your own.

Which countries? And what are they predominate in?

 

[SwimExpert]

We didn't fail, with free trade agreements being anything but free we created our own competition with our own companies. We are destroying ourselves.

No, we haven't actually failed. But jwookie talks like the world is going to end if the US isn't the big man on campus.

Truth is, other countries are emerging into their own place of prominence in the world, and that's that. It takes nothing away from ourselves or our accomplishments. It's no different from the fact that whatever success I have in business takes nothing away from your own.

Which countries? And what are they predominate in?

China, India, and the re-emergence of Russia are the most notable ones.

 

[Steinlight]

The US should have never been in charge of anything. It is not a nation of grownups, and likely never will be. Others are now eating our lunch, and they deserve to in many cases but part of that was inevitable since capitalism goes where labor is cheap and regulations are few. You shit in your own bed, deal with it and grow up.

Please expand on your thesis without the potty talk. Which nations are more "grownup," which are "eating our lunch" and what do you base these assessments on?

More grown up? Sweden, Germany, and most other Western Nations. Eating our lunch? China, India, and bloody Vietnam for starers. And what are these things based on, numbers.

You give Sweden and Germany too much credit. The EU is in far worse shape politically and economically than the US. The European Union is becoming untenable, just look at the rise of Front National in France or Syriza today in Greece. Take it from someone of Europe. I think you just have this idea that the grass is greener on the other side when it truly isn't. The fact is, the leadership of the entire western world is inept and corrupt.

 

[Steinlight]

The same thing he bases everything on: the mouse in his pocket arguing with the voices in his head!

It's math, dummy, so you wouldn't understand. Quality of Life, and Growth in GDP, both of which we now suck at. On the other hand we have way more people in jail, far more than Russia actually. Congrats on that.

The US also has a far lower crime rate than Russia. But the Left never seems to connect the dots between higher incarceration and lower crime rates.

But your economic assessment about the economic and social decline is spot on, it is happening in US and Europe. The decadent liberal order in the West is on its last legs that's for sure.

 

[mudwhistle]

This is the kind of crap they teach our kids at Harvard:

Breeding traitors to bring this country down.

 

[SwimExpert]

This is the kind of crap they teach our kids at Harvard:

Breeding traitors to bring this country down.

Do you know what the book is about?

 

[francoHFW]

Not happening. Best natural resources in the world, great workers. Every time the Pubs wreck the economy and produce a nadir of investment in our country, it amy seem that way see sig pp1, but Dems always come to the rescue. Like the NEXT 20 years...

 

[bripat9643]

The US should have never been in charge of anything. It is not a nation of grownups, and likely never will be. Others are now eating our lunch, and they deserve to in many cases but part of that was inevitable since capitalism goes where labor is cheap and regulations are few. You shit in your own bed, deal with it and grow up.

Please expand on your thesis without the potty talk. Which nations are more "grownup," which are "eating our lunch" and what do you base these assessments on?

More grown up? Sweden, Germany, and most other Western Nations. Eating our lunch? China, India, and bloody Vietnam for starers. And what are these things based on, numbers.

The nations you call "grown up" are second or third rate powers. Their economies are growing slower than ours. So, apparently, what you mean by "grown up" is "sucking hind tit."

 

[francoHFW]

The US should have never been in charge of anything. It is not a nation of grownups, and likely never will be. Others are now eating our lunch, and they deserve to in many cases but part of that was inevitable since capitalism goes where labor is cheap and regulations are few. You shit in your own bed, deal with it and grow up.

Please expand on your thesis without the potty talk. Which nations are more "grownup," which are "eating our lunch" and what do you base these assessments on?

More grown up? Sweden, Germany, and most other Western Nations. Eating our lunch? China, India, and bloody Vietnam for starers. And what are these things based on, numbers.

The nations you call "grown up" are second or third rate powers. Their economies are growing slower than ours. So, apparently, what you mean by "grown up" is "sucking hind tit."

They were doing better than us until Boooshies wrecked the world...and will again unless we cut the Reaganist BS...

 

[bripat9643]

The US should have never been in charge of anything. It is not a nation of grownups, and likely never will be. Others are now eating our lunch, and they deserve to in many cases but part of that was inevitable since capitalism goes where labor is cheap and regulations are few. You shit in your own bed, deal with it and grow up.

Please expand on your thesis without the potty talk. Which nations are more "grownup," which are "eating our lunch" and what do you base these assessments on?

More grown up? Sweden, Germany, and most other Western Nations. Eating our lunch? China, India, and bloody Vietnam for starers. And what are these things based on, numbers.

The nations you call "grown up" are second or third rate powers. Their economies are growing slower than ours. So, apparently, what you mean by "grown up" is "sucking hind tit."

They were doing better than us until Boooshies wrecked the world...and will again unless we cut the Reaganist BS...

No they weren't Their unemployment rates have always been higher and their rates of economic growth have always been lower.

 

[HenryBHough]

C'mon guys. You hired the Kenyan kid to bring America down a notch or two now let Him do His (Imperial) job!

 

[Flopper]

Does anyone seriously doubt that the United States will recede back into the ranks of other large counties (e.g., BRICs) by the end of this century? I do not place blame for this eventuality on any particular political party or philosophy, but rather on the end of a unique chain of circumstances which culminated in the American Century of the 1900's. Among these were a unique form of government, capitalism and two world wars which left us as the unscarred industrial engine for the rest of the world.

The spoiled children of this inheritance (aka Baby Boomers) have been happily whittling it away for the past 50 years, and it will soon be time to pay the piper his due. Greed, which was once a beneficial driving force of capitalism, has now become permanently ensconced in the public and publicly regulated sectors of our economy. For example, the average "regular" (published) pay for law enforcement in a suburban California County is $80,000 per year. However the actual average pay is $112,000, which is 40% more than what the public is told. This is a microcosm of what is happening throughout our country.

At this point, our financial situation is so terrifying that it can't be rationally discussed, let alone addressed. Even the most optimistic growth projections for economy won't bring us anywhere near to being able to meet our obligations. We are now in the stage of maxing out our last credit card, whose limit has been raised by creditors who have no other customers at present. The remaining longevity of our house of cards will not be measured in centuries, but in decades.

If the US is not going to be the preeminent nation of the 21st century who will be? China, whose decades of impressive economic growth certainly put them in the running. America's military superiority is untouchable which is always a very big stick. India will have the largest population by 2025 and Brazil has the most abundant resources. There's a good chance that no nation will be dominate in the 21st century.

I think the United States will do just fine, but the era of Western primacy is coming to an end. As long as interest on the debt is manageable, the US will have no problem in regard to it's financing. The U.S.spends 1.4 percent of GDP servicing its debt, less than half the amount in 1989, the year Reagan left office. Pessimists see only the size of the debt obligation without considering the ability of the nation to meet it's obligations. US taxes are relatively low compared to other nations and spending, unlike so many nations with high debt can be cut if we choose to do so.

Isn't this due to abnormally low interest rates? Will we be able to afford 5% of GDP?

Even if interest rates double, it's still low and would be at the 1989 level.

 

[C_Clayton_Jones]

Does anyone seriously doubt that the United States will recede back into the ranks of other large counties (e.g., BRICs) by the end of this century? I do not place blame for this eventuality on any particular political party or philosophy, but rather on the end of a unique chain of circumstances which culminated in the American Century of the 1900's. Among these were a unique form of government, capitalism and two world wars which left us as the unscarred industrial engine for the rest of the world.

The spoiled children of this inheritance (aka Baby Boomers) have been happily whittling it away for the past 50 years, and it will soon be time to pay the piper his due. Greed, which was once a beneficial driving force of capitalism, has now become permanently ensconced in the public and publicly regulated sectors of our economy. For example, the average "regular" (published) pay for law enforcement in a suburban California County is $80,000 per year. However the actual average pay is $112,000, which is 40% more than what the public is told. This is a microcosm of what is happening throughout our country.

At this point, our financial situation is so terrifying that it can't be rationally discussed, let alone addressed. Even the most optimistic growth projections for economy won't bring us anywhere near to being able to meet our obligations. We are now in the stage of maxing out our last credit card, whose limit has been raised by creditors who have no other customers at present. The remaining longevity of our house of cards will not be measured in centuries, but in decades.

Unfounded, hyperbolic, delusional, fear-mongering nonsense.