American Exceptionalism Challenged


Today America is the world’s largest economy, has its most powerful military, and the dollar is the world’s reserve currency. China is planning to replace the US in each of these categories. To that end, the Communist Party, at its meeting in October 2017, abruptly changed its free-market capitalist economy back to a communist-controlled state-run economy.

Its stated reason behind this move is to better use its resources to attack, capture and control entire segments of the world’s economy. Its resources are very powerful – huge cash reserves and an enormous manufacturing base built under capitalism. It is perfectly situated to challenge America.

Underlying its confidence to make this move is the knowledge it has gained working with America’s investment firm of Goldman Sachs. As it has been learning the ins and outs of the merger and acquisition trade, it has concluded that with its enormous cash and manufacturing base it can capture industries more effectively by consolidating many capitalist units into larger state-controlled units.

To this threat of a takeover by China of our dominant role on the world’s stage, the Prosperity Commission offers up its USA Plan. Under that Plan, the people will fund the enormous growth in the American economy and meet the Chinese on every economic battlefield.

The combined efforts of 335 million Americans will outgun the scant few that will direct state-owned Chinese enterprises. America can draw comfort from the fact that the Communists bypassed capitalism and directed the building of 68 million apartments none of their population could afford and 31 vacant cities the size of St. Louis.

HOWEVER, If America persists in going down the “Trickle-down” road, China has a good chance to overcome us. If we adopt the USA Plan they won’t have a Chinamen’s chance in hell.

Yes, Chile’s Private Pension Model Works, Big Time

9/26/2013 - Pensions: In Chile, a major study shows the nation's private retirement accounts provide workers pensions worth 87% of their salaries, 73% of that from profits on savings. So much for the canard about the perils of markets.The story was...

read more

The Two Biggest Myths About Privatizing Social Security

by Matt Palumbo • August 16, 2018 - The Social Security (SS) system turned 83 years old on Tuesday, but given the programs fiscal issues, it has few birthdays left to celebrate. When SS was created, it acted as old age survivors insurance, as the average...

read more

The Obama Economy Was A Disaster

The Obama Economy Was A Disaster As a part of this mid-term election, former President Barack Obama has hit the campaign trail. It appears in joining this fight his main target is countering the enormous success of the Trump economy. Barack contends that...

read more

Do You Want to Fix Our Economy?

You should. After 241 years, according to the total US debt is just as large as all private and public assets combined. You can’t pick one reason for such a disastrous result for the most powerful, richest, and the freest country on the...

read more

Do You Want to Make the Working Poor Rich?

When asked that question many people reply with a question. Who is going to clean my house, who will pick up the garbage, where will we get stoop labor to pick our crops? Some will think this is selfish, but the reality is very compelling. If everyone is...

read more

Are You Planning for Retirement?

At some point in life, everyone must consider how to pay for retirement. That was not an issue when the Constitution was written. In those days families took care of the elderly. Today, that is the exception. Individuals have had to turn to private and...

read more

Are You Concerned About Poverty?

If you are an average American, it is unlikely that you are deeply concerned about poverty. 100 million Americans receive some sort of government financial assistance and that doesn’t include people on Social Security or Medicare. When you add government...

read more

Prosperity For All

Prosperity for all is possible with Universal Savings Accounts "We have an opportunity to make the world a better place. Rather than wasting time compromising the political ideologies of progressives and conservatives, Americans could use that time to...

read more

The Economic Framework For The USA Plan

The American Government needs to work better for the people. It needs a redo. As long as it does, let’s try to make it a comprehensive redo in which many goals are reached. The USA Plan is a step in that direction. The USA Plan multitasks to reach the...

read more