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John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
Yeah, they're spending a buttload of money on infrastructure, our money. They've run their own cost of living so high now that major companies from the leading nations are already beginning toshop around for cheaper labor elsewhere. When I first read that the Chinese ecopnomy was growing at a rate as much as 4 times ours is I saw the handwriting on the wall, you cannot grow any economy at that breakneck pace without disatrous consequences down the road.
The implosion of the Chinese economy coming in...4...3...2...1...
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Kevin Haendiges
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http://hunting-indiana.com
China's infrastructure improvements were sorely needed for them to continue expamding their manufacturing and export business as well as the just finished olympics. China has been investing heavily in infrastructure for the past 10 years to try and catch up to the world and be competitivve in the marketplace. Along the way, however, they have encountered significant problems with land use, environmental and social impacts and sometimes wasteful investing. The huge public works projects to create infrastructure have been a job boon to citizens, similar to our depression era public works projects. The bottom line is that Obama needs to look at more than just China adding infrastructure that didn't exist in many cases if he hopes to get a better picture of our economic challenges.
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Jesus Christ--The reason for the season!
If you can read this, thank a teacher. If you can read this in English, thank a veteran.
If you're certain you know everything, there's little opportunity to learn anything.
I don't know, we sure could use a lot of infastructure building in the U.S. (something that our government actually should be spending money on), but that would make too much sense (you know, infusing money into the economy, creating jobs, ultimately increasing our efficiency, etc) so lets just write some checks out to people to buy more chinese crap..........
"Chinese infrastructure is better than US infrastructure."
This is a proposition that is either true or not true. What is infrastructure? Airports and seaports were mentioned by Obama. Certainly infrastructure is going to include the telecommunications network and the electrical power grid. It would also include the road networks and the inland waterways.
Does anyone think China has a better infrastructure than the US? I do not think so. I don't accept this proposition. I doubt that there is any place on the planet that has a more reliable and dependable electrical power distribution system. I doubt that there is any place on the planet that has a more reliable and dependable communications infrastructure. I am not saying these things while pounding my chest and stomping my feet. I'm saying them based on being an Electrical Engineer and heard about the unreliabilty of electrical power distribution in most countries. When electrical power goes down here in the US, it almost always goes down because (1) a storm blew tree limbs over power lines, (2) an ice storm broke power lines, or (3) a car had an accident and took out a power pole. In India electrical power goes down for no other reason than the electrical generation and distribution equipment and networks are gimpy -- or at least they used to. We had a power outage on the East Coast a couple of years ago (5-10 years ago) that was remarkable in that it was not caused by such trauma and also in that it was the first such unprovoked failure and also the last. The rarity of these events make them all the more remarked upon. Similarly with telecommunications networks.
I doubt that there is any place on the planet that has a more comprehensive and well maintained road infrastructurethan we have in the US (if you want to compare apples to apples, restrict this assertion to countries that are approximately as large as the US -- China qualifies -- as keeping that massive of a road infrastructure maintained, cleared of snow, etc. is a whole different class of problem versus a country the size of Indiana).
Does China have as complete a network of airports as we have in the United States? I doubt it. Every little burg of 300,000 people or more (Tulsa, Oklahoma City, Sante Fe, Little Rock, etc.)is gonna have its own airport -- is this true in China?
So, this is just posturing on Obama's part and exhibits his lack of knowledge.
If you want to extend the concept of infrastructure -- schools, food production and distribution, parcel delivery, snail mail delivery, medical services delivery -- I think the same analysis is going to apply across the board. Let's hear some solid evidence to the contrary. And let me begin by saying I don't accept an argument that China has the newest airport or the biggest airport as proof positive that China has the best air traffic infrastructure -- not unless China has as comprehensive an air traffic network as we have in the US (Tulsa, Oklahoma City, Little Rock, Sante Fe, etc., etc.)
I have additional thoughts. Infrastructure comprises roads, seaports, airports, electrical power generation and distribution networks, telecommunication networks. Much of this infrastructure is private sector. The federal government does not build and own airports. The federal government does not build and own electrical power generation and distribution networks. The federal government does not build and own telecommuincation networks. I'm not sure the federal government builds and owns seaports. The federal government does get involved in public roads -- in cooperation with states. So what is Obama's point? Is he wanting to nationalize these private sector networks, like socialistic France? Yah, like that is going to make this infrastructure much better and sounder and reliable. Not bloody likely.
Obama "China is better than America"
