Monday, July 19, 2010

China passes U.S. as top energy consumer

CBC News - World - China passes U.S. as top energy consumer
"For the first time in more than a century, a country other than the United States consumed more energy than any other nation, as China grabbed the top spot last year."

This is important to note. Some still like to think of "U.S.A. #1," but the world is changing. China is not an "emerging" market. It is not a "developing" market. It is becoming THE market. And American's need to understand that they cannot afford to act as policeman to the world. We cannot burden our country with debt, relegating a generation to stagnant growth, as other countries pass us up. America's power and influence has always come from our strong economy. We are making it weaker for decades by bailing out corporations, and spending money like a teenager trying to impress his friends.

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