by Les Carpenter
Rational Nation USA
Senate Candidate Christine O'Donnell is, in my independent conservative judgement, somewhat of a wingnut that is very likely undeserving of a seat in the United States Senate. Having said this I freely admit she was right in 20026 when she declared China was a threat to the US economy. For supporting evidence of her assertion I direct you to "Three Billion New Capitalists" as a reference point.
Her assertion that China is plotting to take over the American economy sounds like something out of a George Orwell novel. However, the reality is China, India, Brazil, and other growing economies will eventually overtake the USA in the global marketplace unless as a nation we come to understand the threat, as well as the reasons we are faced with the current reality.
While I may not agree with all the potential solutions offered in "Three Billion New Capitalists" the truth is we are a shrinking economic power and will eventually become a second rate (or even third rate)economy unless we begin to pursue objective and competitive based tax and regulatory policies.
Hint... Obama and his progressive collectivist policies propel the nation in the direction we have been on since Theodore Roosevelt. Somebody once said the definition of insanity is, and I paraphrase, 'continuing to do the same thing over and over again and expecting different results.'
On this issue O'Donnell is spot on.
Cross posted to Left Coast Rebel.
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