What Can The Us Do To Avoid Becoming The 4th Largest Economy After China, India, And Europe?
Posted by China Sourcing CommentatorOct 12
Firstly, what is wrong being number two or three? Will you really be any unhappier? It won’t be because the US is in decline, rather it will be because the people in more populous countries will become richer.
Secondly, as long as there is trade as one country gets richer everybody benefits.
Ok…to your question:
The birthrate in the US is higher than Europe’s and (believe it or not) China’s. There will always be a large productive population in the US.
However, labour productivity is stalling – education is superior in those other three countries for most of the population. The US is only superior in certain fields of science, and all three are catching up.
Best solution? Stop getting American kids to get foreigners to do their homework for them on Yahoo Answers
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Stop waging war on people especialy those on which your entire econmy depends
If we take care of our environment and strive to make all of our resources sustainable and then be patient the other economies may surge and collapse. Some of them are growing so fast they may run out of resources such as minerals, arable land, and breathable air, and usable water. The leader in the end will be the one that takes the long view over short term gains.
THE GROWTH OF AN ECONOMY DEPENDS ON ITS SAVINGS POTENTIAL FOR IF YOU DO NOT SAVE YOU DONOT GET THE NECESSARY RESOURCES TO GROW FURTHER – SO THE ANSWER IS INDEED SIMPLE – IF THE U.S. SAVES MORE IT CAN GROW MORE. AND GIVEN ITS CURRENT SIZE ITS MOST FAVORABLY DISPOSED TO DO SO.
get out of the war is costing way too much money
First of all,US ia still no 1 economy.everybody depends on it.no doubt.They control all finance in world.dollar is still king.
The main thing is USA will have to really produce something of their own(apart from fighter jets,nuclear bombs,biological weapons and missiles).Its difficult to believe the USA was once “production heaven”. And it should stop meddling too much in foreign affairs.USA is king nobody doubts but king should do work of king not of pimp.
What USA needs today is lot of discipline.
That a joke? Nothing short of a big meteor slamming into North America could make the US economy rank any lower than #2, and that’s assuming China continues growing rapidly for several more decades despite its aging demographics — hardly a sure thing. Why even mention Europe anyway, they actually ARE shrinking to insignificance.
Pay off its debt. Our debt payments hinder the development of new business and the expansion of the economy. No monies to expand.
get out of debt’.