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Stop worrying, naysayers, Caroline Baum writes - the U.S. still ranks at or near the world's...

Stop worrying, naysayers, Caroline Baum writes - the U.S. still ranks at or near the world's best where it really matters: GDP per capita, new business startups, patents, Nobel Prizes, and Miss Universe winners.
Comments (23)
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    She does not look like she will be winning any Miss Universe Competitions in the near future.
    24 Feb 2011, 06:23 PM Reply Like
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    Nobel Prize Winners? If you throw out Obama, Krugman, Jimmy Carter and Al Gore we rank below Albania.
    24 Feb 2011, 06:34 PM Reply Like
  • wyostocks
    , contributor
    Comments (8242) | Send Message
     
    Kudos.
    Not anything I could add to.
    24 Feb 2011, 07:09 PM Reply Like
  • The Geoffster
    , contributor
    Comments (4013) | Send Message
     
    I don't see where she mentioned public employee unions. Am I missing something?
    24 Feb 2011, 07:36 PM Reply Like
  • Duude
    , contributor
    Comments (3383) | Send Message
     
    I'm sorry to say I think Venezuela has more Miss Universes, per capita.
    24 Feb 2011, 07:53 PM Reply Like
  • D. McHattie
    , contributor
    Comments (1844) | Send Message
     
    GDP per capita is meaningless when you consider how concentrated that GDP is within the top 5% of the capita.
    24 Feb 2011, 08:20 PM Reply Like
  • coddy0
    , contributor
    Comments (1182) | Send Message
     
    D. McHattie
    GDP per capita is meaningless when you consider how concentrated that GDP is within the top 5% of the capita.
    ======================...
    are you saying top 5% are producing most of GDP ?
    If you meant consumption, it is not GDP
    24 Feb 2011, 11:37 PM Reply Like
  • D. McHattie
    , contributor
    Comments (1844) | Send Message
     
    My point is that we should not 'stop worrying' just because GDP is growing.

     

    What benefit is growth when it is all enjoyed by a very small elite who are not the ones producing the wealth?

     

    This is no cause for celebration.
    28 Feb 2011, 12:27 PM Reply Like
  • Carlos Lam
    , contributor
    Comments (1306) | Send Message
     
    ...and #1 in debt too.
    24 Feb 2011, 08:41 PM Reply Like
  • phxcrane
    , contributor
    Comments (419) | Send Message
     
    I just wish that Krugmann and her would just go away!!!!!
    24 Feb 2011, 08:54 PM Reply Like
  • Wildebeest
    , contributor
    Comments (778) | Send Message
     
    world leader in red tape and bureaucracy ...
    24 Feb 2011, 09:29 PM Reply Like
  • D. McHattie
    , contributor
    Comments (1844) | Send Message
     
    Strange how all our comments are essentially in agreement yet we all have so many thumbs down.

     

    This site is being ruined by someone trying to censor free thought and expression.
    24 Feb 2011, 09:57 PM Reply Like
  • wyostocks
    , contributor
    Comments (8242) | Send Message
     
    Oh come on, let the trolls have their fun. The only thing they can do is press a button like good little puppets.
    24 Feb 2011, 10:41 PM Reply Like
  • JohnLocke
    , contributor
    Comments (381) | Send Message
     
    The Bernake Fanboi Troll continues to grace us with his presence:-)

     

    You too can vote as many times as you like, all you need to do is install "Greasemonkey" and run a script that is readily available.

     

    If SA does not fix this someone could always just post exact instructions on how to do this so we could have Thumbs up down battles and completely undermine their ratings system...
    24 Feb 2011, 10:45 PM Reply Like
  • bmcpic
    , contributor
    Comments (150) | Send Message
     
    Its not trolling. I gave them thumbs down, absolutely. Take a look at the comments:

     

    "I just wish that Krugmann and her would just go away!!!!!"

     

    Wow, great comment.

     

    "world leader in red tape and bureaucracy ..."

     

    What? Are you kidding me? You think the United States of America has the largest amount of red tape and bureaucracy in the world? More than the European Union and the Western European nations (answer: not even close)? More than China? (Again, not even close). In fact, America has one of the smallest bureaucracies in the world. And don't paste one of those "lists" with America first - the only way you get that number is to count soldiers in the military (both active and reserve) as members of the "bureaucracy". Most of Europe, China and India all are much worse in this respect than the United States, especially India. You don't put any support for this assertion, which is ridiculous on its face, and you don't provide any analysis of the red tape and how it relates to the article. The comment is not only pointless, its incorrect.

     

    I could go on, but the point is that among those who are bearish on America and its future demonstrate an extreme amount of confirmation bias. I'm not saying you're wrong - you might be right - but between a well-thought out article that displays a conclusion, however invalid it might be, is much better than a one-line comment that means nothing at all.

     

    I'm not a bot or a script, and I gave them all thumbs down. Not because they are wrong, but because they're pointless, don't inspire discussion or debate, and don't address the article. There is a legitimate argument here that could produce valuable knowledge - so make that argument, or don't post. One-line gut reactions to positive news ("you're lying", "i don't see it", "keep dreaming", etc...) are bad comments.
    24 Feb 2011, 11:28 PM Reply Like
  • coddy0
    , contributor
    Comments (1182) | Send Message
     
    D. McHattie
    Strange how all our comments are essentially in agreement yet we all have so many thumbs down.
    ======================...
    essentially in agreement and evenly stupid
    starting from 'Miss Universe' all the way to "Greasemonkey" script comments
    24 Feb 2011, 11:48 PM Reply Like
  • mbill
    , contributor
    Comments (16) | Send Message
     
    When so many people are not worried I'm even more worried. It will just be that much harder and longer to correct the mess the US calls a budget. There are just too many politicians in budget denial already. I don't expect the general US population to know any better, but I know a lot of folks here know better.
    24 Feb 2011, 11:49 PM Reply Like
  • 418161
    , contributor
    Comment (1) | Send Message
     
    The same hubris like in the vanished Greece Empire
    25 Feb 2011, 06:21 AM Reply Like
  • The_Hammer
    , contributor
    Comments (4065) | Send Message
     
    I have read that the govt is going out with spammers to discredit blogs and influence the sentiment of conversation. I cannot verify the truth of this but i would not doubt it since our country has gone down the path of corruption.
    When a revolution finally hits and the people remove and dismantle this corrupt corp govt enterprise and lobbyist cronies i will be extremely bullish on USA. Bring it on soon so we can get on with it already.
    25 Feb 2011, 12:50 PM Reply Like
  • bmcpic
    , contributor
    Comments (150) | Send Message
     
    Where did you read this?
    25 Feb 2011, 02:20 PM Reply Like
  • Carlos Lam
    , contributor
    Comments (1306) | Send Message
     
    Here: www.rawstory.com/rs/20.../

     

    The USAF gave out a contract for this type of stuff. Maybe bmcpic is an employee of the winning bidder.
    25 Feb 2011, 03:11 PM Reply Like
  • mr burns
    , contributor
    Comment (1) | Send Message
     
    bmcpic is definitely one of the trolls on this site that votes as often as they can to try and kid himself that his views are very important.
    25 Feb 2011, 04:15 PM Reply Like
  • Jason Rines (iThinkBig)
    , contributor
    Comments (2231) | Send Message
     
    On the trolling, voting up or down discussion I concede that I deserved some negative votes. 1980 XL and I both had a moment of humor in poor taste.

     

    Wildabeest does have it correct about red tape and bureacracy. America needs to take the handcuffs off the little guys in the private sector, cut government spending and I expect the Federal Reserve to do one more round of QE meaning devaluation.

     

    That said, I agree with Warren Buffett on a year or so but I will say two until recovery begins. That means a tepid but sustainable bull in 2013.

     

    Type in W and iThinkbig on search if you so choose. I forecasted the W shape repeatedly and explained why in Q4 of 2008. Now it remains to be seen if the latter part of my forecast also comes true meaning that in 2008 I forecasted the second leg down after Q1 2011. Geopolitics is still a wild card. The ME could be diffused and contained or it may ignite. If so, this conflict would happen in 2013. It wouldn't break the hearts of vested interests in seeing the 50 year rise of the East crowd. The pain would be global but MAINLY in the West if such an event were to occur. I paint broad brush with that statement of course when I refer to the investment community, it would be a minority that would be pleased with such as nasty outcome.
    28 Feb 2011, 10:58 AM Reply Like
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