Saturday, June 17, 2006

The United States is the new Soviet Union?

Once upon a time, the Soviet Union was a world power. It was the main competitor with the United States. The US said capitalism is the ultimate in economics. During the 1970s and 1980s, the Soviet Union took a change in its economy. It became stagnant. The economy did not grow. People were out of work, people were in debt, and the select rich ran the country. There was no prospects for growth in that country's economy. Their economy tittered for years, before it finally crashed, leaving the Soviet Union dead. The United States worked very hard to make sure the Soviet Union's economy crashed, so they could cannibalize the leftovers when the country no longer existed. Effectively, the US would control the world!

Sure that may have happened, initially. The Union of Soviet Socialist Republics ended in 1990/1991. The US was the world broker of peace. It had brought democracy to the largest country in the world. We were at the pinnacle. Now, we are taking the same road the Soviet Union did in the 1970s. We are becoming heavily in debt. We are using our military to control other nations against their will (so guess where our money is going?). We want to hold our own in the league of nations of the world. We want the world to fear us, not respect us. We've got power and influence, but for how much longer?

In this year's national budget we had to allocate $200,000,000,000 ($200 billion) for the war in Iraq. Guess who put up that money? Was it the United States' taxpayers? Was it the surplus of money in the US Treasury that George Bush has put in there for us? No, it was the new world power who loaned us the money: CHINA! Did George Bush put that in a speech? I don't think so!

Our economy is growing at a rate of 3% per year. China's economy is growing at a rate of 8% per year! What's that translate to? China's economy is growing at a rate of almost three times the rate of our economy! What does that mean for us? China is quickly taking our jobs. We have outsourced our jobs so readily without any thought to the future. The US is buying rapidly from China to supply the demand of our consumers. China is getting our money in many different ways. Is China becoming the United States of the 1970s and 1980s? It looks like it, considering how fast their economy is growing. The US is slowly becoming the Soviet Union of yesteryear. How long can we last before China pushes us over the edge? We are slowly, but surely, becoming stagnate.

What will we do about it? Not much as long as King George is our leader, and Republicans control Congress. They seem pretty happy about it.

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