Omen_20, before you start worrying about the Chinese economy perhaps you should check some statistics. The US has a national debt of $11.2 trillion and a trade deficit of over $600 billion in 2008. China have $1.95 trillion of foreign currency reserves and a trade surplus that was $152.1 billion for half of 2008 (so probably $300 billion for the full year).
I agree with you that Obama will do things like wiring up the countryside with high speed broadband. The problem is doing this will cost a fortune while providing absolutely no benefit to the economy. Wiring up the countryside isn’t going to help the $600 billion trade deficit and will further increase the $11.2 trillion national debt. The only way the economy is going under Obama is straight to hell just as the UK economy went under Brown. What’s ridiculous is that despite the massive debts both countries have neither Obama nor Brown see any reason to stop spending money and just keep spending more or socialist policies with seemingly no plans as to how they're going to pay it back.
Still you can enjoy your rural broadband while kidding yourself into thinking the US economy is fine and that China is in trouble because they only make Happy Meal toys.
What you think standing still helps? Or maybe doing nothing which is what most conservatives try to spin. He's cutting costs on a lot of stuff as well but most of that doesnt get covered. But your simplifying my story which really makes your argument moot. See TVA came in and made jobs, people operated the dams, people operated the electrical companies, phone companies, cable companies. Towns grew, businesses came in. Back when my dad was a kid my town was nothing but the court square, my mom didnt have power when she was really little, they had outhouses. My town tripled before I was even born. So your idea that I just want fast internet misses what I was trying to say. Big government spending creates jobs and thats the only way you get an economy back. What happens if you get the banks back in order and the stock market back in balance but a ton of people are still out of work? Who cares if you can take a loan out for a house if you cant pay for it, if you cant pay to eat?! Surviving comes first, all the other things can balance out later. Obama needs to stop the bleeding, then he can fight the infection the Republicans created.
And where does your fear of China come from? Do you think theyre going to just stop giving us money to watch us squirm? I cant really discuss China if I dont know where your fear stems from.
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Omen_20, before you start worrying about the Chinese economy perhaps you should check some statistics. The US has a national debt of $11.2 trillion and a trade deficit of over $600 billion in 2008. China have $1.95 trillion of foreign currency reserves and a trade surplus that was $152.1 billion for half of 2008 (so probably $300 billion for the full year).
I agree with you that Obama will do things like wiring up the countryside with high speed broadband. The problem is doing this will cost a fortune while providing absolutely no benefit to the economy. Wiring up the countryside isn’t going to help the $600 billion trade deficit and will further increase the $11.2 trillion national debt. The only way the economy is going under Obama is straight to hell just as the UK economy went under Brown. What’s ridiculous is that despite the massive debts both countries have neither Obama nor Brown see any reason to stop spending money and just keep spending more or socialist policies with seemingly no plans as to how they're going to pay it back.
Still you can enjoy your rural broadband while kidding yourself into thinking the US economy is fine and that China is in trouble because they only make Happy Meal toys.
What you think standing still helps? Or maybe doing nothing which is what most conservatives try to spin. He's cutting costs on a lot of stuff as well but most of that doesnt get covered. But your simplifying my story which really makes your argument moot. See TVA came in and made jobs, people operated the dams, people operated the electrical companies, phone companies, cable companies. Towns grew, businesses came in. Back when my dad was a kid my town was nothing but the court square, my mom didnt have power when she was really little, they had outhouses. My town tripled before I was even born. So your idea that I just want fast internet misses what I was trying to say. Big government spending creates jobs and thats the only way you get an economy back. What happens if you get the banks back in order and the stock market back in balance but a ton of people are still out of work? Who cares if you can take a loan out for a house if you cant pay for it, if you cant pay to eat?! Surviving comes first, all the other things can balance out later. Obama needs to stop the bleeding, then he can fight the infection the Republicans created.
And where does your fear of China come from? Do you think theyre going to just stop giving us money to watch us squirm? I cant really discuss China if I dont know where your fear stems from.