Will ‘task number one’ for the next U.S. president be telling the nation that the ‘age of America’ is over?
As we reported earlier today, the IMF predicts that China’s economy will surpass that of the U.S. by 2016—just five years from now.
On the Zero Hedge blog, correspondent Tyler Durden focused on what may end up being task number one for an incoming U.S. president—and why our pool of presidential candidates may be shrinking:
“Here’s why pretty soon America may be left without presidential candidates: ‘According to the IMF forecast, whoever is elected U.S. president next year — Obama? Mitt Romney? Donald Trump? — will be the last to preside over the world’s largest economy.’ Oh well, it was fun while it lasted.”
Let’s make sure that no future president is ever in that position by keeping America’s economy strong through the adoption of a National Manufacturing Strategy and by holding China accountable for manipulating its currency.
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Manufacturing
The Polictical system in america has to be changed. This is the core of the problem. The Super rich "own" all the congressmen.
The rich don't care about the Middle-Class and simply would prefer to have everything made in china so they can keep all their money for
themselves. How does this problem get solved?