Chinese factories grow again, but U.S. sector shrinks
What happened to “Even Without U.S. “Cliff” World Economy Teeters?” That was the headline I tried to access when this pablum came up. Sterling Greenwood/AspenFreePress
Can you REALLY believe the data coming from Chinese Communist Party Politburo?..
Besides, still remember Romney’s campaign talking for more than a month about them having ‘momentum’?
So, let’s see what the US and Obama does now…
As obama raises taxes on businesses and obama care comes into full affect this will continue to worsen as companies shut down or move overseas. They will have to. By March of 2013 the GDP will be less than 1%, unemployment will be 15%+, and the US will be back in full blown recession. obama wants huge tax increases or we go over the cliff. Either way the above scenario WILL play out. There will soon be NO revenue to pay for all the third world social progams obama has forced on the country. If there is another drought this summer there will be all out war in the streets for food. You libs got the third world muslim you wanted for pres, now you will have the third world slum society you deserve.
Demonize business? Threaten new taxes? Implement new, misguided regulations and propose many more? Vastly increase government spending without passing a budget for 3 years? Add new obstacles for or outright attack Aerospace, Oil/Energy, Power Generation, Fishing, Farming, Mining?
And now the contraction is a surprise? C’mon, anyone could’ve seen this coming.
Demonize business? Threaten new taxes? Implement new, misguided regulations and propose many more? Vastly increase government spending without passing a budget for 3 years? Add new obstacles for or outright attack Aerospace, Oil/Energy, Power Generation, Fishing, Farming, Mining?
And now the contraction is a surprise? C’mon, anyone could’ve seen this coming.
“We suspect there is an element of domestically driven growth coming through in the numbers there.” (referring to China).
Tighter regulation, increased government spending, and more taxes are NOT helping the U.S. I honestly don’t understand this administration’s philosophy that we can spend our way out of a recession.
There are 7 billion people in the world;
of that, 300+ million people living in the United States, about 4%.
The myopic closet racists rally a guileful but deceiving rhetoric, that just by fueling nationalistic “buying American”, and tailoring our products to our own 4% of world population, we’ll be growing like before! Refusing to face the root problems that directly caused the 2008 financial crisis, such rhetoric practically scapegoats the buying habits of certain world citizens, to distract from the unresolved issues of derivatives, insider tradings, swaps, the revolving door between top Government economic leaders and the richest investors, and the American culture that worships those who find legal loopholes to act unethically as “smart” rather than atrocious.
When our society stubbornly refuses to face the root problems head on, and resort to ranting, raving, and accusatory rhetoric towards other economies that had acted more wisely, of course, the root problem of manufacturing is not going to be solved.
Our focus should be on being more competitive, learning from our mistakes, and being willing to adapt to a changing world. That’s more or less the philosophy of the German leadership. That’s why they are doing very well, and their cars selling wonderfully around the world, in China, in the United States and everywhere. And they do not rely on carpet bombing advertisement like Japanese auto makers do.
Janeallen
And that 4% of the population was doing quite well unitl it started listing to the liberal crap that we needed to change. Since we changed there is no hope.


