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Thursday, February 02, 2012 11:46:54 AM
China's growth is 25 years behind America's. China is catching up. Their growth is based on manufacturing appliances. Then, shipping the appliances to villages without electricity. Also, building cities that have no inhabitants.
Manufacturing moves to take advantage of low pay. It moved out of Japan because wages went up. Once wages and benefits go up, manufacturing will leave China.
Russia is more open to capitalism. It is doing much better. Wealth is being created.
Fast food isn't America's only accomplishment. But...Ever hear of McDonalds, KFC, Taco Bell, Wendy's, Starbucks?
HOW about Microsoft, Dell, Cisco, Apple, Google, Yahoo, or Facebook?
Hey, ever heard of the Wright Brothers, Edison, Alezander Graham Bell,or Bill Gates, Warren Buffet, to name a few?
Even O'Bama came from "humble" beginnings.
America's edge may be temporarily dulled. We still SHINE!!!
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