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The Benefits of Brainpower for China. [Copy link] 中文

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Post time 2015-2-26 16:45:09 |Display all floors

Nobel Prize–winning economist Robert Fogel of the University of Chicago has estimated the economic impact of well-trained workers. In the U.S., a high school-educated worker is 1.8 times as productive, and a college graduate three times as productive, as someone with a ninth-grade education. China is massively expanding its supply of high school and college graduates. And though China is still lagging far behind India in the services sector, as its students learn better English and train in technology — both of which are happening — Chinese firms will enter this vast market as well. Fogel believes that the increase in high-skilled workers will substantially boost the country’s annual growth rate for a generation, taking its GDP to an eye-popping $123 trillion by 2040. (Yes, by his estimates, in 2040 China would be the largest economy in the world by far.)
Whether or not that unimaginable number is correct — and my guess is that Fogel is much too optimistic about China’s growth — what is apparent is that China is beginning a move up the value chain into industries and jobs that were until recently considered the prerogative of the Western world. This is the real China challenge. It is not being produced by Beijing’s currency manipulation or hidden subsidies but by strategic investment and hard work. The best and most effective response to it is not threats and tariffs but deep, structural reforms and major new investments to make the U.S. economy dynamic and its workers competitive. That’s where we need bipartisan agreement. Someone? Anyone?

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Post time 2015-2-26 17:08:09 |Display all floors
Solar Flare

If reactor melt downs,Frankenstein food,gender role reversal,faggotry,pollution and decadence don't end human life on this planet,a giant solar flare or coronal mass ejection may.
9/11 was an inside job.
No second plane.It was a bomb.Bomb in the other building.
You KNOW without a doubt the videos are fake,right ?!
Planes don't meld into steel and concrete buildings.They crash into them !!!!!!!
It's amazing how the building ate the plane !!!
Imagine those fragile wings cutting slots in massive steel columns !!!!!
How STUPID can they think the people are to believe that crap ??!!

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Post time 2015-2-26 20:28:56 |Display all floors
"Brainpower for China"

Some non-Nobel Prize winners ( myself included ) would call that an oxymoron.

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