US v. CHINA=EAGLES v. CHANDLER HIGH
The American advantages are awesome, which Trump knows
It’s interesting when you think that despite a population of 1.4 billion, China is no longer the world’s most populous nation, and its demographics are terrible. India has surpassed China. Both are over three times the size of the U.S. population.
Neither comes close as a consumer nation: the U.S. by value is double that of the total EU, and over 2.5 times that of China. India comes in at #7. Yet neither China nor India really turns out truly great inventions. No question the Chinese, with their low wages, can make engineering marvels like bridges and (some) dams (before they fail). But largely they still rely on a culture of stealing intellectual property, not developing their own. India? Name the top five technological breakthroughs that came from India.
In terms of internal and coastal water transportation—still key—-no one comes close to the U.S. with its mighty Mississippi (longest navigable river in the world, several times that of the runner up), the Ohio, the Missouri, and so on. As Peter Zeihan notes, when you throw in the secure American gigantic coastlines, the U.S. dwarfs other countries’ abilities to move goods cheaply and safely by water.
Don’t look to recent (say, last 50 years) of construction and development. EPA and other regulations have turned the American will into mush, but those muscles can be rebuilt quickly with proper incentives. Anyone betting against America simply does not know history.
In 1941, the U.S. had languished through the Great Depression, exacerbated by Franklin Roosevelt’s stupid New Deal legislation that left the country with 19% unemployment SIX YEAR after it was implements. Yeah, the New Deal “worked” the way laudanum worked. It killed the patient.
But once the Japanese attacked, FDR finally figured out he needed American industrialists and ceased hounding them and started paying them. The result was astounding. Entire factories were built in months. Heck, the PENTAGON with its 17 miles of corridors and office space was constructed in a mere two years. By 1942—-for those of you bad at math, that’s a year after Pearl Harbor—-Henry Kaiser’s shipyard turned out an entire Liberty Ship in 4 days. Ohio’s Lima factory cooked out a TANK in four hours.
Today, the United States has resources that the WW II industrialists could only have dreamed of. We are sitting on a virtual planet of energy, most notably right now natural gas. Have I mentioned AI? Yeah, guess what is becoming the newest energy source for AI: hydrogen that needs natural gas for its production. Oh, by the way, the USAF has already proven that slush H2 can be used safely as a fuel for scramjets. I talk about it here:
Now President Trump is (re) unleashing coal. Combined with our massive oil and shale reserves, we have more abundant energy that is coming on line than the next two countries (and China ain’t one).
About that internal consumer market: this is precisely why we can and will win a trade war with the ChiComs. Looking forward, we likely will have a 10 year streak of stability under Trump and J.D. Vance; Chy-na is looking at massive unrest, especially as their economy unwinds, as it is already starting to do. Already the New York Slimes and the Washington Compost are grudgingly admitting it. But that’s now. What happens when the U.S. significantly lowers its debt, when the yuan crashses to the level of Weimar reichsmarks or Confederate dollars; or when that $16 trillion (just so far) that Trump has secured for industrial and manufacturing investment begins to show up in the job and GNP stats?
China is already witnessing GNP revisions downward into the twos. My guess is they’ll be negative before long.
When the productive power of America is unleashed, young men especially will again flock to the work force—-it’s what they do; a generation of “toolbelt” youts will begin fixing stuff again; and the full industrial capacity of a revitalized America with low inflation and abundant energy will explode upon the world scene.
God help our enemies at that point.
Larry Schweikart (@LarrySchwe94560)
Rock drummer, Film maker,NYTimes #1 bestselling author
Link for Patriot’s History Vimeo
Link to buy larry a coffee
http://buymeacoffee.com/larrys