Even Asia knows Obamacare is Wrong and Shunned us for it
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Even Asia knows Obamacare is Wrong and Shunned us for it
Well, it was more than that, but it did play a role......along with our current spending practices.
Read the article:
http://www.atimes.com/atimes/Global_Economy/NK27Dj02.html#.UL-HLYq7jlI.facebook
If you don't feel like it, here are the reasons they gave(pay close attention to 4):
1)It is borrowing $600 billion a year from the rest of the world to finance a $1.2 trillion government debt, most prominently from Japan (China has been a net seller of Treasury securities during the past year).
2)It is a taker of capital rather than a provider of capital.
3)It is a major import market but rapidly diminishing in relative importance as intra-Asian trade expands far more rapidly than trade with the United States.
4)And America's strength as an innovator and incubator of entrepreneurs has diminished drastically since the 2008 crisis, no thanks to the Obama administration, which imposed a steep task on start-up businesses in the form of its healthcare program.
Read the article:
http://www.atimes.com/atimes/Global_Economy/NK27Dj02.html#.UL-HLYq7jlI.facebook
If you don't feel like it, here are the reasons they gave(pay close attention to 4):
1)It is borrowing $600 billion a year from the rest of the world to finance a $1.2 trillion government debt, most prominently from Japan (China has been a net seller of Treasury securities during the past year).
2)It is a taker of capital rather than a provider of capital.
3)It is a major import market but rapidly diminishing in relative importance as intra-Asian trade expands far more rapidly than trade with the United States.
4)And America's strength as an innovator and incubator of entrepreneurs has diminished drastically since the 2008 crisis, no thanks to the Obama administration, which imposed a steep task on start-up businesses in the form of its healthcare program.
Marconius- Posts : 1800
Join date : 2012-01-31
Age : 54
Location : Opelousas Louisiana
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