The Limits of 'Made in America' Economics

countries with gdp smaller than california


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It is indeed a rich economy but about the meanest when it comes to spending on public projects.
Same ole drought, fires, traffic congestion etc.
 
It was my impression that the US infrastructure is great compared to most of the world. In some places, it can take eight hours to go from one end of a city to another. For example, Mexico City. There is usually 24/7 availability for fuel and food off our interstates with many rest areas 30 to 50 miles apart.
 
Any country that lets everyone vote, and the votes, no matter how gerrymandered or how democratic, affect policy, will decline in living standard and influence if the public education system declines. For such a nation, the welfare of the public education system is inseparable from the peoples welfare.
 
NominalSpeculator said:
... the sole best argument of euro exits is the benefit of having your own central bank...
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The Euro zone lacks an essential component of a fully integrated monetary system, the Euro Bond. And of course Germany will not agree to a Euro Bond. I think the other Euro nations would agree. The Solution is fairly obvious. Germany should leave the EU and return to the Deutschmark and its own central bank. The other Nations should adopt a fully integrated monetary system with a Central bank, the Euro and a Euro Bond.
 
fordewind said:
America should be great again.Throw out all immigrants, no real patriots left in your government, except for mr.Trump?McCain is too old and sick - the only real patriot alive afaik.I love America even though i`ve never been there.
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How are we supposed to throw out all the immigrants? We are nearly all immigrants. There would be no one left except Native Americans and raccoons.
 
Humpy said:
Maybe one day the average Joe in the US will realize the rich are just out for themselves.
Forget the blurb that is spouted at elections.
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Why discriminate? The poor are just out for themselves, too, and the people in the middle. There's no concept of community. People are so ignorant about economics that they don't seem to realize we're all in this together. The richer everyone else is, the more stuff they can buy from me.
 
OddTrader said:
My guess is, I think the international firms and financiers would invest in the US only when they know the future of US economy is strong enough to guarantee the returns are safe and good - better than alternatively investing in other projects in other countries.

Therefore, the fundamental issue is there must a plan for a strong US economy with strong employment, so that people would have money to spend on the new infrastructure like the fast trains or green housing from China.

Attracting worldwide tourists and students travelling to the US with open arms and friendly mind would be vital. imo. Because these people would be potential investors and migrants in the future.
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You are talking sense
 
Seems to me that the US focus on trade with Asia is to leverge the current trade deficit to gain more access to markets and sectors in China especially but also Skorea and Vietnam.
Unequal FDI is the administrations definition of the "trade" problem and negotiations appear IMO to be focused on this.
I view these imbalances as " a bad deal" as does Trump and a worthy goal of trade negotiations but this is not the pancea to the American worker as touted.
I contend there will be little effect on the three hundred billion (and change) import-export
diffirence with China and the other deficits with Mexico, Vietnam etc...
There is a general expectation that cheap imports wll be stopped and American factories and workers will produce these products....you know... Bring back jobs etc....and that this is what Trump is negotiating in Asia.
I know that no one on this site buys this but I find it amazing how prevalent this belief is.
FDI and trade are not the same thing.
 
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