An interesting piece from Forbes scored solid points for pointing out why China is Winning the Economic War.
Of course, there will be some Americans who will disagree. They will say that the U.S. is still the greatest nation on earth, the land of the free, and that it always will be.
I’m sure these misguided patriots would point out China’s flaws like exploiting workers with low pay and long hours.
However, Forbes deals with that flawed logic by pointing out that the U.S. once exploited its workers too and forced children to work 14-hour days.
In fact, the young American Republic once had slaves and women were chattel, who couldn’t vote or own property.
The Forbes piece says, “The U.S. was winning (the economic war against Communism) hands down for a long time, but not so much anymore due to a number of countries surpassing the U.S. in recent years in a number of specific areas.”
Using a quote from Sam Houston in 1850, Forbes explains why the US is losing. Houston said, “A nation divided against itself cannot stand,” and, for sure, Sun Tzu would agree.
In fact, the U.S. has been divided for the last 15 years in “increasingly bitter time and energy consuming political arguments: the morals of President Clinton, whether or not war should be waged to remove Saddam Hussein from power in Iraq, whether the country’s current problems are due to the depth of the economic hole dug during the last (G.W. Bush) administration, or ineptness of the current administration in pulling the economy out of that (very deep) hole (the Republicans dug).” Source: Forbes Blog
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