Question
It is clear that the United States has a significantly larger GDP than any other nation in the world. Historically the United States has always
It is clear that the United States has a significantly larger GDP than any other nation in the world. Historically the United States has always enjoyed being the world's largest producer of goods and services. However, it appears that all of that will change shortly. Some economists have predicted that China's GDP will become larger than the United States' GDP as early as 2021 and by 2030 India's GDP will also become larger than the United States' GDP as well. This means that the United States will only be the third largest economy in the world (China will be first and India will be second). How do you feel about that? How might that impact the U.S. economy? What kinds of political impacts will it have?
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