...The fact of the matter is that for most of my lifetime and I'll turn 50 next year - the US was such an enormously dominant economic power, we were such a large market, our industry, our technology, our manufacturing was so significant that we always met the rest of the world economically on our terms. And now because of the incredible rise of India and China and Brazil and other countries, the US remains the largest economy and the largest market, but there is real competition."Competition is fine.
"This will keep America on its toes. America is going to have to compete. There is going to be a tug-of-war within the US between those who see globalisation as a threat and those who accept we live in a open integrated world, which has challenges and opportunities."...
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...Going by media reports in the US of his first day in India, his focus on jobs and investments was well received.
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In the context of his efforts to revive the US economy, the president clearly sees, as he wrote in an article, India and China as key drivers of economic growth.
But just how is competition within the present globalization framework going to help the U.S. economy to recover and bring jobs here to the States?
And how is the competitive field going to be level if more and more jobs which should be based here in the United States are outsourced to nations that pay workers $1 a day?
Watch the video at the beginning of this post. BHO seems downright pleased with his admission about the economic decline of America.
Would he dare to say these same things in his next State of the Union Message?
4 comments:
Where was this ignorant tool that we call President when America was competing fiercely with Japan for the better part of two decades? This man is either a liar or truly knows nothing about American history, even American history that occurred during his lifetime.
I posted this comment in a thread above, but the info applies as well here:
Devaluing the US dollar is all part of the plan to weaken our nation and make us vulnerable to our enemies.
New Zealand blogger Trevor Loudon spoke at the "Marxism in America" conference @ the National Press Club in Washington D.C. on October 21, 2010.
Watch it here: Loudon Speaks at "Marxism in America"
Also consider tuning in to watch Glenn Beck this week. Yesterday, on the November 8th program, "Birth Pangs", he discussed the following:
"An event is coming, and it's getting closer and closer. This week may be the most important week of Glenn's broadcast career. We are going to uncover the truth that has been hidden in plain sight for many years..You should tell everyone you know to watch the program this week- and watch it with an open mind. This week, we will pull back the curtain and expose the puppetmaster. Note: If you have problems accessing watchglennbeck.com at any time this week, you can go to watchglennbeck.net. New shows will be posted there this week until the new server is ready."
Between the two of these men, there is enough detail to sound up the alarm. . .the communists are emboldened and intend to redistribute your wealth at their earliest convenience.
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P.S. Is it merely coincidence that Leftist Political Cartoonist Rall calls for Revolution, Violence on Table?
That MSNBC anchor O'Donnell stated on TV: "I am a Socialist. I live to the extreme left of you mere liberals!"
or that Mark Penn, a former advisor to the Hillary campaign would suggest that
President Obama needs a moment "similar" to the tragic terrorist attack on the Oklahoma City federal building, in order to "reconnect" with voters?
My hand made scented soap course begins next week. I will take donations from you all of $5 and you too can amuse the Chinese tourists as they admire our ancient, and post production civilization.
Interesting. Thanks, Anonymous.
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