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[Politico]

I think it is a futile exercise to attempt more than the broadest of projections when dealing with a time horizon of two or three decades. With that said, I too would bet against China becoming a larger economy than the United States within the next twenty years.

Right-wing fantasy.  Dude, the US already has absurdly, dangerously low tax rates - they can't go any lower without complete collapse and chaos.

We have a spending problem, not a taxation problem. We need to cut spending, not hike taxes.

Here is a good bet: The Romney Administration will alleviate the spending problem while helping to boost consumer/investor confidence to pick up the slack in the short-run.

[Politico]

Right-wing fantasy.  Dude, the US already has absurdly, dangerously low tax rates - they can't go any lower without complete collapse and chaos.

We have a spending problem, not a taxation problem. We need to cut spending, not hike taxes.

That's just nonsense, Politico - spending is insignificant, both in historical terms and compared to other countries.  It is a historical fact that tax rates used to be 90%, and the economy was much better then.  Your right-wing fantasy is completely belied by the record.

About the only people who really want taxes to go up are those who pay little or no taxes.

Current tax rates are roughly a happy medium between the lowest point of the '80s and the highest point of the '90s. The problem has been too much deficit spending on wasteful endeavors for too long. The responsible parties: Both Democrats of 2007-present and Republicans of 2001-2006. The deficit and debt load need to be tackled and will be tackled under the Romney Administration with significant spending cuts and WITHOUT TAX INCREASES.

[Politico]

About the only people who really want taxes to go up are those who pay little or no taxes.

Current tax rates are roughly a happy medium between the lowest point of the '80s and the highest point of the '90s.

Politico, the rates in the 1990s were far, far too low, and much lower than (roughly half) they were during the era of responsible economic policy (1933-1981).

We had sustainable deficits throughout much of the 1990s coupled with solid economic growth and improvements in technology, so I would say the rates were far from being far too low. I can potentially agree that perhaps they were just right, but I disagree they were too low.

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This is communist rhetoric that belongs in North Korea, not America.

[Politico]

I think China is likely to overtake us, but it's not set in stone. Remember when everyone thought that Japan would up us? Look at them now.

This is a very reasonable way of looking at it, IMHO. I would also add that it is hard to see the Communist Party apparatus remaining in power if China becomes too prosperous, and who knows what kind of social upheavals will take place if the Communist Party falls there.

[Politico]

Just think of all that GDP and all those miserable toiling bastards.  Why can't we just voluntarily go extinct?

We're not eating Soylent Green yet, so reproduction can't be all that bad at this point. Of course, the type of hedonists who insist upon forcing their pathetic attitude/lifestyle upon everybody else will say otherwise...