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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus_Long who wrote (482980)	10/29/2003 10:31:40 AM
From: DuckTapeSunroof	Respond to of 769670

Hey, LL: Chill! Re: "Your buddy threatened to have all his buddies put us out of business." >>> 1) Never met the guy. I can't call strangers 'friends'. (Maybe he's your friend? >>> But if by his 'friends' you mean 'China', then yes... they are doing quite well at 'putting us out of business'... or, at least, out of job growth. >>> It isn't true that this is a 'jobless recovery'. PLENTY of new jobs are being created: it's just that most are in CHINA, INDIA, and OTHER 'emerging nations'. By 2050: China, USA, India... the three biggest economies in the World (projection by Goldman) India to become third biggest economy by 2050: Report siliconindia staff writer Tuesday, October 28, 2003 WASHINGTON: By the year 2050, India is projected to become the third largest economy in the world, behind China and the United States, in that order, according to a recent report by Goldman Sachs. China, India, Russia and Brazil could outrank the combined economic might of today's Group of Six - the US, Japan, Germany, France, Italy and the UK - by the middle of this century, says the report quoted by the Wall Street Journal. "The implication is that the economic and financial power is going to shift away from us," says Dominic Wilson, a senior Goldman economist and one of the authors of the report, which sees the US as No. 2 by the year 2050, sandwiched between China and India.... siliconindia.com.