Have Bush and Obama doomed us?

It finally happened, two months of when I predicted it would. What’s that? The United States is now number two!

Because of unbelievable stupidity of our last two reckless administrations, they have almost doomed us all to a less prosperous future. So what did they do? I’ll ignore the foolish, perpetual wars that George W. Bush got us into, trashing the Middle East and North Africa.

I’ll also ignore President Obama and his Obamacare, that will be morphing into the U.S. national health service in a few years. The people without insurance or money will love it; the people who actually pay taxes won’t like it… but it will happen.

I won’t even address that George Bush was the perfect example of the need for a new chapter in The Peter Principle. Remember him? He’s the former president who is hiding out in Texas, laying low, hoping that people will forget what he did to this nation, not for it.

I’m not finished; I don’t even  think that Mr. Obama actually wanted to win. He certainly doesn’t do much other than to make the fundraising rounds, give speeches and grin a lot pretending he has gravitas. I think that he can’t wait to get out from under and start making some real money giving speeches, writing books and being fawned over.

No, I’m addressing something that I talked about in speeches when I ran for congressional office. That something is that rather than China overtaking us as the world’s largest economy by 2020, it would happen by the end of 2014. Many people in the audience did not believe it. I was, in fact wrong. The date wasn’t December 2014, it is October 2014. It has already happened; we’re now number two.

And as China continues to accelerate and our nation barely moves, by 2020 China will be twice our GDP size! That’s why the days of the Almighty dollar are almost over, and that the economic polarity shift will occur in 2018-2019 causing an enormous economic failure here. So eat, drink and be merry. We’re in for a rough ride.

Our national problems are that our productivity is languishing, our public is not optimistic and we’re spending for in excess of our income. The shame is that if our government did away with federal corporate taxes, we’d quickly surpass China again. Will they? Not a chance; our politicians are too complacent to make any real changes. What changes they make are for show, and to help them get reelected.