When Commies and the Free Market Collide

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So it's a national security issue when a communist country wants to buy an oil company? Is it not a little too late to think about foreign ownership of the United States?

Just wait until Europe starts opening factories in the United States. When they look at us as we look at the third world, will we then be the third world? And what about the fourth or the fifth?

When you reason this whole thing out, though, it really begins to make sense - what China looks to do, that is. The fear of China's economic warfare is real. There is no need for debate about it.

What we need to debate is our long-term economic health as a Nation in the global economy. If you can visualize the world in about fifty years: China has the world's largest economy with per capita income at a modest $10,000 in today's dollars. Europe's per capita has been stably growing at about 2.5% each year for 75 years, and has twice doubled.

Where do you think the US economy ranks at that point?

I do not have an answer, because there is no plan for that, other than to make sure social security isn't around any more.

"Welcome to Dick Cheney's America!" -Principal Skinner