Despite the hyped talk of China's rise, most Americans operate on the assumption that the U.S. is still No. 1.
Answer by UpSheRises at 6:08 PM on Mar. 3, 2011
During RonaldReagan's presidency, the US went from being the #1 importer of raw materials, #1 exporter of manufactured goods and a creditor nation to annihilating our manufacturing sector, being the #1 importer of manufactured items and a debtor nation. Free trade ain't so free, folks. We grew UNFUNDED government by drastically cutting taxes on the top 1% of wage earners while spending like drunken sailors-it was all a house of cards that was meant to be temporary....we destroyed our own economy and now those cards are laying in ruins. An industrialized Third world
BTW, BO tried the same tactics as RR-they failed, as the base the base was already on unstable ground.
Answer by Sisteract at 6:11 PM on Mar. 3, 2011
Answer by janet116 at 8:59 PM on Mar. 3, 2011
Answer by carnivalday at 12:25 PM on Mar. 4, 2011
Answer by ladysylpher at 8:41 AM on Mar. 4, 2011
Answer by Ibelongtojesus at 5:03 PM on Mar. 4, 2011