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Heard from NPR: one secret neither dare to say

(2012-10-03 23:07:51) 下一个

"Both candidates will avoid one topic: President has very little ability to influence economy. However, neither dare to say it out and clear.


Another fact neither dare to state is: the golden days has ended in 1970s, about 100 years from the start of leap to modern productivity."


One example: Consider Trillions of RMB only paved less than 30K km of railway in China for 10 years, the 220+K km still in the states today is a true proof how strong US used to be ... 100 years ago. Sure the rail way is not the way to go today, but it shows the economical activity before the age of 18 wheelers.


1890: US Railway reached 160K miles or 261K km


1916: US 216K miles or 345K km


2008: US 140K miles or 224K km


2001: China 70K km


2011: China 100K km, this does not include the high-speed rail, maybe 5,000km total?


The strength was created with bare hands. Today with bare mouth, no one would change the fate of the downward trend. Sadly for our next generation and there after.

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