The Problem of the Bush Economy in a Nutshell

[BurtWorm]

"The American trade deficit is a global problem in part because the United States is the fastest-growing economy among industrial nations and, together with China, is largely responsible for helping pull the world economy out of the doldrums. But whereas China has been an economic engine by its huge growth in manufacturing and exports, the United States has pushed growth by consuming far more goods than it exports."

http://www.nytimes.com/2005/01/25/international/25cnd-trad.html?oref=login


How did we get a reputation for being the wealthiest nation again?

[idlisambar]

1. it's the legacy of past success

...also Hollywood makes us look good.

[BurtWorm]

2. The irony of Bush trying to push the "ownership society..."

There are no words!

:eyes: