Quote:
Originally posted by Timber Loftis:
quote:
Originally posted by John D Harris:
Somebody mentioned China as an example of a good economy, a country that has 4-5 times the population, 4-5 times the consumers, 4-5 times the pontental(sp?) of the USA. what is the econimic output of China 1/3-1/2 of the USA? Which one is more efficient?
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I'd have to say that if a country has to match the USA in economics before it's considered a "good economy" then very few will pass muster. Higher population doesn't mean more potential either.[/QUOTE]Thanks for at least answering the question, for that I commend you! Although I asked which one is more efficient. Higher population in a free society does mean more potential, more people thinking freely on how they as indidivuals will succede and having the freedom to act on their thoughts will bring about sucess. If I remember correctly in the former USSR, the communist government allowed it citizens to have and grow small vegitable(sp?) gardens. The small nonstate run gardens produced far greater amounts of veg's per acre then the state run farms. The economy of China has increased dramaticly since the introduction of some free enterprise, although limited free enterprise. So yes, China's higher population is potential untapped as it now stands.
As for other economies not passing muster, that's their problem. I'm a simple country boy, but if I want to learn how to do anything the best I can. I try to find someone who is the best at it, and learn from them. I don't want to be second best, I strive to be the best at all I do. Now if someone else wants to be second best that's their problem to deal with, personnaly I'm happy when my competition is content to be #2.
[ 09-28-2002, 03:08 AM: Message edited by: John D Harris ]