News: 0179808270

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'China Has Overtaken America' (substack.com)

(Thursday October 16, 2025 @05:30PM (msmash) from the not-looking-good dept.)


China now generates well over twice as much electricity as the United States. The country's economy has become [1]substantially larger than America's in real terms, measured at purchasing power parity , economist Paul Krugman wrote this week. The Trump administration has moved aggressively against renewable energy development. It rolled back Biden's tax incentives for renewables through the One Big Beautiful Bill. The administration is attempting to stop a nearly completed offshore wind farm that could power hundreds of thousands of homes. It canceled $7 billion in grants for residential solar panels. A solar energy project that would have powered almost 2 million homes was killed. The administration canceled $8 billion in clean energy grants, mostly in Democratic states, and is reportedly planning to cancel tens of billions more. Energy Secretary Chris Wright said solar power is unreliable because "you have to have power when the sun goes behind a cloud and when the sun sets, which it does almost every night."

California has already integrated substantial solar power into its grid through battery storage technology. Republican support for higher education has collapsed over the past decade, according to polling data. The administration has also targeted vaccines and research in multiple areas. Krugman argues that by 2028 America will have fallen so far behind China that it is unlikely to catch up.



[1] https://paulkrugman.substack.com/p/china-has-overtaken-america



China may or may not has overtaken (Score:2, Insightful)

by sinij ( 911942 )

Measuring this based on solar capacity is ridiculous. If it is a factor, it is a round-off error.

Re: (Score:2)

by Shaitan ( 22585 )

This is Chinese propaganda being pushed through a chinese owned website. China is hurting pretty bad because they make the solar panels and especially the wind turbines and Trump canceled the massive export of US money to buy them.

Re: (Score:1)

by Tablizer ( 95088 )

China does have over-capacity in EV and solar panel production, but the fact remains they can turn them out more cheaply than us even without gov't subsidies. (The R&D to do such was heavily subsidized.)

Re: (Score:1)

by shanen ( 462549 )

Mod FP branch funny for "And this is how China won" values of "funny". In the form of a badge, rather than an oak leaf cluster it should have a cluster of inverted ostriches. Or perhaps rather than sand the cluster would put their heads where the sun never...

Might be my reaction to Nexus about our bleak AI future. He writes like an optimist, but I read it as a realist and end up in the pessimist camp... As it relates to this story, AI eats LOTS of electricity and China can feed it for essentially free whe

Re: (Score:3)

by SirSlud ( 67381 )

"This is Chinese propaganda"

Do a quick self-learn. The amount of solar panels China was selling to the US before exports was only around 20% of their total solar module exports. Their total solar exports are only about 7% of their total intl trade surplus. They sell as much capacity to Europe in a year as the US has installed *total, nationally*.

I'm not arguing they don't care about loss of business to the US, obviously it impacts them.

But watching the US self-elect to fall farther behind, checking of boxes

Re: (Score:2)

by Shaitan ( 22585 )

First you don't think 20% of their total exports is a massive blow to their economy? Second, the US is exporting energy to Europe and pushing international policy which is reducing THEIR import of Chinese technology as well. Finally, the democrats had pushed legislation that would have triggered TRILLIONS in purchases of renewables which Trump and the conservatives have dismantled. China definitely was expecting that money.

It's important to remember that China has massive LOCAL shadow debt with massive inte

Re: (Score:1)

by jenningsthecat ( 1525947 )

> Trump IS bringing people together and unifying America as they all shift neutral or MAGA and the far left is abandoned, it's gone from half to less than 18% in less than a year.

I guess that's why Trump's approval rating is down by 15%, with only 40% approving vs 55% disapproving: [1]https://www.economist.com/inte... [economist.com] . Oh, wait...

Closing down the government, causing the cost of living to rise sharply, impoverishing people who rely on government assistance, and forcing ICE and National Guard on cities that neither want them nor need them - those strategies are clearly bringing the country together. /sarc

> This won't end when Trump leaves office whether the obstruction and rebellion in his first term wins him a second term in 2028 or not.

Umm... Trump is ALREADY in his SECOND term. If he manages a third one in '28, then

[1] https://www.economist.com/interactive/trump-approval-tracker

Re: (Score:2)

by Shaitan ( 22585 )

"I guess that's why Trump's approval rating is down by 15%, with only 40% approving vs 55% disapproving: [1]https://www.economist.com/inte [economist.com]... [economist.com] . Oh, wait..."

That isn't 'down 15%', your source says UP 0.3% but it's also cherrypicked low poll on a POTUS who has consistently under polled, most polls show far more favorable ratings and his ratings have been incredibly solid. Normally a POTUS at this point has a substantial drop relative to when elected but Trump has held steady, well within the marg

[1] https://www.economist.com/inte

Re: (Score:3)

by cusco ( 717999 )

It's 20% of their solar panel exports, not 20% of their exports. The US was only around 15% of their exports last year, and it's going to be considerably less this year with their embargo on selling to the war industry here and Rump's tariff foolishness. If the Moron in Chief actually goes through with his claimed "plan" (whatever the hell it might be today) instead of TACOing out next year we'd probably be closer to 10% or less of their exports as our economy implodes.

Re: (Score:1)

by Shaitan ( 22585 )

"It's 20% of their solar panel exports, not 20% of their exports."

Yes... that's what we were talking about. Do I need to keep saying solar if I mention panels as well? As for the rest of your comment I can't get through all the hate speech and venom to see if there is a point buried in it somewhere. It almost sounds like you are saying that China losing 5% of their exports to the US somehow hurts the US economy instead of that of China.

Re: (Score:1)

by Mr. Barky ( 152560 )

Exporting money to buy something that generates more value than you pay for it is generally considered a good transaction. Buying a solar panel or wind turbine generates electricity for a long time. Obviously, you might overpay and it turns out to be a bad investment (but so often I see the opposite argument - China is charging less than it ought to).

Also, China isn't just selling to the US. The US has about 20% of the world's GDP... meaning there is still 80% left to sell to. Losing 20% of business (if sal

Re: (Score:2)

by HiThere ( 15173 )

Solar panels have that potential, but it requires proper use and planning to achieve it. Ditto for wind turbines. Once those get above a small fraction of the load you need load balancers. For this purpose most batteries are only short term, and you really need something that's good for weeks or months (preferably years). Pumping water uphill can work, if you've got the right situation and you plan for it. Other things can do the same job. Storage always comes with additional costs, if only in efficie

Re: China may or may not has overtaken (Score:4, Informative)

by dgatwood ( 11270 )

> I'd care more about the vaccines part if my government hadn't tried to murder me with an experimental death injection and lied about almost everything. I'm a-ok with Kennedy's actions so far.

> [1]https://www.scry.llc/2022/02/1... [scry.llc] .

I'm laughing at the failure to recognize that COVID was the driver of those deaths, not the vaccine. That's why the overall death rate in the U.S. actually dropped by about 5% in 2022, making the increase predicted by that website rather laughably wrong.

[1] https://www.scry.llc/2022/02/19/death-rate-prediction/

Re: (Score:2)

by Sigma 7 ( 266129 )

You shoehorn a claim with 21K vaccine deaths per month...

Come on, that's a 99.8% survival rate since those vaccines started. Vaccine denialists say that number is perfectly fine, being happy enough to [1]plop the same number on the side of a protest sheep [xcancel.com].

Let me know when this death rate approaches the older claims where everyone would die within 2 years of taking the vaccine.

[1] https://xcancel.com/jeffgilchrist/status/1769075076467441907

Re:China may or may not has overtaken (Score:4, Informative)

by skam240 ( 789197 )

I'm not weighing in on anything else here but the article's author is Paul Krugman, a very famous American economists who has been regularly featured in US news for decades now. He in fact has a regular commentary feature in a ton of US newspapers. This story isn't coming from the Chinese government.

Re: (Score:3)

by RossCWilliams ( 5513152 )

There was a time when Krugman was part of an adult discussion. But we are long past the point of adult discussions. His article includes a lot of cliches that are part of our media shouting match that drowns out adult discussion. We have problems, but they aren't driven by vaccine denial or hostility to "science" or Donald Trump or China or Russia. Those are just media sideshows.

Re: (Score:3)

by cusco ( 717999 )

I used to like Krugman when Shrub was Pres-idiot, he was one of the few who were calling out the sub-prime mortgages for what they were. Then Obama got elected and he became a typical brown nosing Washington insider, and he's stayed in that mode since. Everything a Democrat does is good and everything a Republican does is bad, refusing to acknowledge the simple fact that his chosen party is at least half as corrupt/incompetent as the Republicans if not more.

Re: (Score:2)

by smap77 ( 1022907 )

Or you could use it as a proxy of economic capacity, which is what it looks like is happening here.

Couple that with the slope of the line and the question about overtaking today or tomorrow or yesterday is ridiculous. Which line? You choose. Find one that refutes it.

Re:China may or may not has overtaken (Score:4)

by sinij ( 911942 )

> Or you could use it as a proxy of economic capacity

It is as valid proxy as cheese consumption per population or total toilet paper rolls produced in a year. Which is dubious at best. Solar panels are only tangentially related to nation building.

Re: (Score:2)

by timeOday ( 582209 )

Where did you even get the idea that solar capacity is what's being compared?

What's being compared is: electricity generation. (period).

It is not broken down by source.

Re:China may or may not has overtaken (Score:5, Insightful)

by Mr. Barky ( 152560 )

> Measuring this based on solar capacity is ridiculous

The basic gist of the article... the US is not reacting to China's ascendance with the same vigor that they did when the Soviet Union launched Sputnik. In particular that the US is actively investing less in research and rejecting expertise in many domains ("we are now trapped in a reverse Sputnik moment"). The solar capacity argument is just being used as an example. He is criticizing the disinvestment in the technology - and outright hostility towards it (and science in general). In his article he also references previous articles - in particular that China's purchasing power already exceeds that of the US (essentially due to the cost of living being lower, the same GDP goes further) - so basically, China is already doing better than the US (according to him).

You can, of course, argue with his logic, opinions or even his data, but criticizing it for using solar capacity as an example doesn't seem to be a valid criticism to me. It is just used as illustrative of the problem he is discussing.

Re: (Score:2)

by ceoyoyo ( 59147 )

It's total electrical generation. Not solar. It's also the first line of the summary, and a big 'ol graph front and centre as the very first thing in the article at the sole link.

Twice as much electricity? (Score:5, Insightful)

by skam240 ( 789197 )

So they generate twice as much electricity but have almost 4 times the population as us? This doesn't sound like the end of the world to me.

Don't get me wrong though, I do think this administration is doing a lot to hurt American competitiveness, what's detailed in the summary isn't even close to all of it. I'm just not convinced at all that the twice the electrical generation as us claim is something big.

Re: (Score:2)

by shilly ( 142940 )

The point that matters is (a) the rate of change and (b) the decarbonised and lower cost source for the power

Re: (Score:3)

by skam240 ( 789197 )

If that's the point then it's awfully funny it's not stated anywhere in the summary.

Re: (Score:3)

by Morty ( 32057 )

"Overtaken" happens because the one doing the overtaking is going faster.

Try clicking through to the article. There is a graph right at the top that illustrates this pretty clearly. The slope of China's power installation is way higher than for the US.

Re: (Score:2)

by skam240 ( 789197 )

So "will overtake in the future" is the same as the article's claim that "China has overtaken America"?

These are two very different things and you seem to be conflating them.

Re: (Score:2)

by ceoyoyo ( 59147 )

You should take the GPs advice and click on the link.

China's electrical generation didn't just overtake the US and it certainly isn't going to "overtake in the future." It overtook around 2010. Its now about 2x and growing possibly exponentially while the US pretty much levelled off around 2010.

Re: (Score:1)

by supabeast! ( 84658 )

China’s energy advantage is huge. All the big tech companies propping up the US stock market need more data centers. Data centers use massive amounts of energy. The US cannot provide that energy. The government won’t let anybody add large scale solar or wind projects. There is a years long wait for the turbines needed in natural gas plants. Nobody even knows how long it will take to build a new nuclear plant in the USA because it hasn’t been done in decades. This means that all those AI co

Re: (Score:2)

by skam240 ( 789197 )

> China’s energy advantage is huge.

You're not getting my point. If their per capita electrical generation is half ours (which is what you get when you combine twice our total generation with their 4 times greater population) then it sure doesn't seem that they are in a superior position to us in terms of generating electricity which is what the summary is claiming. All those people use a shit ton of electricity.

Re: (Score:2)

by cusco ( 717999 )

China permitted more nuclear plants just in April than the US/EU has built since 1970, plus they export more. Since we're not allowed under this wonderful "free trade" government to buy their technology we're probably not going to get any better at building them either.

Re: (Score:2)

by AmiMoJo ( 196126 )

Their emissions are less than half the average American's too. But that's not because their quality of life is necessarily worse. For many of them it is very good and modern. It's just that they are more likely to live in a modern, decently insulated building, drive an EV, and not need to drive as far, and have access to good public transport.

Re: (Score:2)

by skam240 ( 789197 )

Oh, I'm not discounting China one little bit. I just don't see how half the per capita electrical generation of the US is them surpassing us. I do think it's well within the realm of possibility of them economically surpassing us in the future, I'm just taking issue with the claim of them having already surpassed us.

"Half per capita" being what you get when a country with 4 times the people generates twice the total electricity.

Re: (Score:2)

by HiThere ( 15173 )

If that's a nationwide average, then it's quite possible that large segments *do* have more electric power available than the median US user. China has lots of rural, partially modernized, population. And there may be more people in those segments than the population of the USl

Re: (Score:2)

by BeaverCleaver ( 673164 )

> "Half per capita" being what you get when a country with 4 times the people generates twice the total electricity.

If the average Chinese person uses half the electricity of the average American (due to a more efficient lifestyle) then that could mean parity with the USA, even if per-capita electricity capacity is lower.

The excess electricity gets used to fuel growth. The comments here seem to focus on "AI" as the source of growth. It remains to be seen whether or not this will be true - is it an emerging industry or a bubble?

But regardless, if there is excess energy capacity, it could easily be used to fund other growt

Re: (Score:1)

by Lserevi ( 1270986 )

Krugman used total electrical generation as a proxy for GDP, which is more difficult to assess for China than the U.S.

Re: (Score:2)

by ceoyoyo ( 59147 )

Yes. The US should stop comparing itself to a country that's four times as large, at least in absolute terms. However, they insist on doing so. Possibly rates and ratios were one of those educational things politicians were not in favour of.

Re: (Score:2)

by cusco ( 717999 )

How much is your electric bill? In China it averages about $7, and no, that's not a below-cost number.

Ridiculous (Score:5, Insightful)

by guygo ( 894298 )

Everything has to be a competition these days, huh?

Heaven forbid someone "is doing better" or "has more stuff" than ME.

That just can't stand in today's world. Useless, stupid, and totally unnecessary.

Plutocracy & greed are a (Score:1)

by Tablizer ( 95088 )

...social contagion.

Re:Ridiculous (Score:5, Insightful)

by ArchieBunker ( 132337 )

When MAGA tells you a shrinking economy is suddenly a good thing.

Re:Ridiculous (Score:4, Insightful)

by r1348 ( 2567295 )

Apparently it's not a competition only when you're losing.

Re:Ridiculous (Score:5, Insightful)

by skam240 ( 789197 )

I think the reason a lot of us worry is that China is a very anti democratic force in the world with clearly stated expansionist goals in terms of territory (Taiwan and a huge chunk of the South Pacific that includes other country's territorial waters). I don't think we'd be having anything close to the same concerns if this was about the EU and not China.

Re: (Score:2, Informative)

by Savage-Rabbit ( 308260 )

> I think the reason a lot of us worry is that China is a very anti democratic force in the world with clearly stated expansionist goals in terms of territory (Taiwan and a huge chunk of the South Pacific that includes other country's territorial waters). I don't think we'd be having anything close to the same concerns if this was about the EU and not China.

Uh, the Trump administration is staffed by a bunch of people with openly anti-democratic views and they have strong opinions on how other countries should run their affairs as evidenced by J.D. Vance's speech at the Munich Security Conference. From a non-US, non-Chinese point of view, while China is anti-democratic, it is still better than the US in that China at least leaves you alone as long as you don't step on it's tail while the US will without any provocation try to force you to run your country the w

Re: (Score:3)

by ceoyoyo ( 59147 )

Bullshit. The US had the same freakout when it was Japan, a staunch ally with a higher quality democracy than the US and nonagression written right into its constitution.

Re: (Score:2)

by drinkypoo ( 153816 )

In a world without nations, and without hostile governments, your comment would make sense.

In the real world where we live, it's pathetic cuckery.

Re: (Score:2)

by AmiMoJo ( 196126 )

In this case the comparison is important, because climate change is real. If you can have the same or better quality of life and emit a lot less CO2, even net zero, you should. And you definitely can, without it costing you much either.

Re: (Score:2)

by HiThere ( 15173 )

Countries have competed against each other since the earliest records.

If we're extremely fortunate, perhaps we can keep this competition on economic grounds.

So much winning (Score:4, Insightful)

by ArchieBunker ( 132337 )

I'm sure we'll pull ahead now that the restaurant prep cooks have been rounded up and sent to camps.

Re: (Score:3)

by Zak3056 ( 69287 )

I'm not a fan of Darth Cheeto, but it's is a stupid take to blame him for something that is the result of 50 years of bipartisan policies. IF I was putting the headline "China has overtaken America" at the feet of any specific individual, it would be a toss up between Richard Nixon and Bill Clinton. The "so much winning" in that context was the idea that we would convert the Chinese into western style democracy by growing their economy.

Re: (Score:2)

by skam240 ( 789197 )

Not to be snarky but i think you need to reread the summary. The author's claim is based on electricity generation, meanwhile as the summary points out the Trump administration is canceling massive amounts of new power projects. Trump of course isn't the source of all of this problem but the claim is that he's very actively making it worse.

Of course I'm not buying the claim that China generating twice the electricity of the US means that they are now dominant to us (it just means they're still catching up g

Re: (Score:2)

by dgatwood ( 11270 )

> Not to be snarky but i think you need to reread the summary. The author's claim is based on electricity generation, meanwhile as the summary points out the Trump administration is canceling massive amounts of new power projects. Trump of course isn't the source of all of this problem but the claim is that he's very actively making it worse.

No question about that. On the flip side, I'd argue that those power projects are corporate welfare, making the entire country pay for power generation that is used by only a small percentage of the country, for the primary benefit of a few power companies that happen to get the grants. I'm not sure that's really a good use of government resources. Power companies should pay for their own construction, or else they should have to pay back the money to the people with interest.

One of the biggest fiscal mi

So? (Score:2)

by usedtobestine ( 7476084 )

Aren't there 4 times as many Chinese as there are Americans?

Political hit piece. (Score:5, Insightful)

by Fly Swatter ( 30498 )

Twice as much electricity, but four times as many people. Are they catching up? sure. But they can thank us for blindly moving all of our manufacturing over there and giving them all of our technology designs.

Re: (Score:1)

by hotte ( 206225 )

Production cost, possibly?

Re: Political hit piece. (Score:2)

by EldoranDark ( 10182303 )

Purchase power parity? Isn't that the same bs stat Putin keeps bringing up to brag how Russian economy is doing better than ever?

Head stuck in the sand (Score:3, Insightful)

by leifbork ( 1745672 )

The people here in this comment section, not worried a bit, is a pretty good demonstration that the US and western world has fallen behind and won't catch up. Made in China, was an insult a couple of decades ago. Now American and European cars are shit in comparison. We can't manufacture chips either.

Re:Head stuck in the sand (Score:4, Insightful)

by shilly ( 142940 )

Could not agree more. All these dumb comments about four times as many people, ignoring the rate of change and the low cost and low carbon power sources being deployed.

The rest of the world can only look on in dismay as the superpower competition now boils down to the smart amoral dictatorship vs the batshit dumbass proto-dictatorship determined to saw off its own cock with a rusty knife.

Re: (Score:3)

by skam240 ( 789197 )

What does low carbon have to do with economic superiority? Everyone's fate is tied to the exact same global warming problem regardless of how hard they work towards resolving it You're conflating two separate issues here amongst other things.

Re: (Score:2)

by kaatochacha ( 651922 )

Dictatorships only appear smart until that magic moment where they get overthrown and the leader - who months earlier appeared invulnerable - gets shot/hung/burned/buried alive or any combination therof.

Re: (Score:2)

by Fly Swatter ( 30498 )

Rate of change is based on where you are in your country's version of industrial revolution. The fact of the matter is that many countries have been there and done that. China is finally in the rapid growth period, we should be congratulating them since they really couldn't have done it without us.

Re: (Score:2)

by skam240 ( 789197 )

The claim is that "China has overtaken the US" not that China is rapidly catching up and might surpass us some day. You're not characterizing what's being talked about here correctly. The people you're pointing at are just disagreeing with this claim and the use of electricity generation as proof of it.

Re: (Score:2)

by Fly Swatter ( 30498 )

Made in China used to be an insult. Now it's just a fact of life. The real problem is that 'Made in China' is now the expected level of quality for everything. Things used to last decades, now it's all throw away short lived land fill.

When you have seen the meteor coming for decades, why bother with worrying.

Re: (Score:2)

by HiThere ( 15173 )

In 1960 "made in Japan" was an insult. In 1970 it was a compliment.

"Send solar probes at night to keep them cool" (Score:5, Funny)

by Tablizer ( 95088 )

> Energy Secretary Chris Wright said solar power is unreliable because "you have to have power when the sun goes behind a cloud and when the sun sets, which it does almost every night."

Almost? In the GOP Science book, Fox Jesus sometimes forgets to turn out the light because he's too busy zapping transgender people; you know, the important stuff.

Can we somehow convince MAGAs that crude oil causes autism? Is it possible to bribe a brainworm?

Re: (Score:2)

by Heathren-bert ( 671356 )

> Almost? In the GOP Science book, Fox Jesus sometimes forgets to turn out the light because he's too busy zapping transgender people; you know, the important stuff.

> Can we somehow convince MAGAs that crude oil causes autism? Is it possible to bribe a brainworm?

Hookers and blow/heroine?

Alternate title: (Score:3)

by Sebby ( 238625 )

"Trump Administration Cedes U.S. Supremacy to China"

Re: (Score:2)

by Zak3056 ( 69287 )

To quote myself from another comment above: I'm not a fan of Darth Cheeto, but it's a stupid take to blame him for something that is the result of 50 years of bipartisan policies. IF I was putting the headline "China has overtaken America" at the feet of any specific individual, it would be a toss up between Richard Nixon and Bill Clinton. The "so much winning" in that context was the idea that we would convert the Chinese into western style democracy by growing their economy.

Re: (Score:2)

by Drethon ( 1445051 )

Can I adjust that for you?

> "Trump Administration Hands U.S. Supremacy to China on a Glass Plaque"

Still ahead (Score:1)

by gurps_npc ( 621217 )

The US has less electricity and less solar. We also have less Coal.

Trump has done a lot of damage, but the decentralized nature of power in the US means the states have ameliorated some of the damage.

The US is now carbon negative. It reached a max of 6 billion metric tons of CO2 in the 2000s. In 2025, we are putting out about 5 billion metric tons. That is a huge turn around.

China however has not turned it around. Sometime in the 2000s they hit our 6 billion and kept on going. They are now producing

Re: (Score:3)

by whoever57 ( 658626 )

> The US is now carbon negative. It reached a max of 6 billion metric tons of CO2 in the 2000s. In 2025, we are putting out about 5 billion metric ton

That's not carbon negative. It's not even carbon neutral.

What you should be saying is that the US has passed peak carbon, but even that assumes that Trump's anti-renewables drive doesn't increase carbon output, which seems unlikely.

Meanwhile China is reducing its unit energy cost by installing lots of renewable generation.

Re: (Score:2)

by drinkypoo ( 153816 )

> The US is now carbon negative. It reached a max of 6 billion metric tons of CO2 in the 2000s. In 2025, we are putting out about 5 billion metric tons.

AHahAHAHHAHaHAHAHAHAHAHAH

Thanks for proving you know how nothing works, as if we didn't already know that.

Re: (Score:2)

by skam240 ( 789197 )

"Carbon negative" would mean our country was removing more carbon from the atmosphere then it was adding. I think you mean something to the effect of "our total emissions are in decline".

Do You Remember When (Score:3, Informative)

by NoSleepDemon ( 1521253 )

Slashdot was actually a good news source? Now it's just anti American, pro EU, pro China shite. We want Taco back!

Re:Do You Remember When (Score:5, Insightful)

by fredrated ( 639554 )

Damn, the truth hurts. Can we not report it please?

Not concerned with the comparison but... (Score:5, Insightful)

by CoachS ( 324092 )

I don't much care about comparing us to other nations, especially on things like "How much electricity do you generate" but the subtext of the current administration appearing to want to set America back 50 years in terms of innovation, renewable energy, and even social policy is troubling.

We should be investing in alternative sources of generating and storing energy. We should be investing in education and R&D. We should be welcoming the best and brightest from around the world. Instead, we're shaking our fists at the clouds and yelling for anybody who isn't a straight, white, conservative, dude to get off our lawn.

I used to think we were better than that. Now I only hope we can be.

Re: (Score:3)

by Chelloveck ( 14643 )

Came here to say exactly this. I don't care if we're winning or losing some sort of competition with other countries. Turning our backs on progress in renewable energy, health care, education, etc. just out of ideological spite is bad all on its own. It doesn't matter whether or not it puts us behind in some global dick-measuring contest as well.

economist Paul Krugman wrote this week (Score:3)

by CodeInspired ( 896780 )

The part where you stop reading.

Re: (Score:1)

by XxtraLarGe ( 551297 )

[1]Written on Election Night 2016 by Paul Krugman [nytimes.com]:

> It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?

>

> Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.

>

> Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.

During Donald Trump's firs

[1] https://www.nytimes.com/interactive/projects/cp/opinion/election-night-2016/paul-krugman-the-economic-fallout

Re: (Score:3)

by ArchieBunker ( 132337 )

> During Donald Trump's first term, the S&P 500 rose approximately 83%, the Dow Jones Industrial Average climbed 73%, and the Nasdaq Composite surged 152%.

I asked grok to verify that number.

During Donald Trump's first presidency, from his inauguration on January 20, 2017, to the end of his term on January 20, 2021, the S&P 500 index rose approximately 69.7% based on closing prices. This

Then it suggested a comparison against past presidents.

Obama is at 82% and Clinton at 210%.

4d chess indeed.

Politics with a grain of truth (Score:1)

by shohami ( 9128823 )

Generating capacity is not the same as power generated, since wind and solar are sporadic. Nonetheless, China generated about 2x the amount of electricity in 2024 as the US. But they have much more manufacturing, which is power hungry, and 4x the population. Per-capita, the US generated 2x the electricity as China. So what? I don't know. Just metrics. Good for China to have developed economically so fast, from such a low base, to a solid middle-income country now. But what about politics? Well, bot

So I remember the NBA (Score:1)

by rsilvergun ( 571051 )

Somehow pissed off China I forget exactly how. One of the players said something to Chinese did not approve of. Probably something about democracy.

The player was forced to keep their mouth shut.

Nixon sold us on opening up China with the idea that we would influence them to become a democracy. Instead they influenced us to become an autocracy.

It's not China winning it's corporate capitalism winning. When people are afraid of globalism that's what they're afraid of whether they know it or not. The

Re: (Score:3)

by sarren1901 ( 5415506 )

You could just as easily have changed out the word fascism for communism and nothing would be different about your post.

Paul Krugman (Score:4, Informative)

by kaatochacha ( 651922 )

I take Paul Krugman's economic advice like I take Jim Kramer's investment advice: if he say A, then B is the answer.

Yeah Right (Score:2)

by seanreynoldscs ( 7232268 )

China will have overtaken us when their GDP is greater than ours AND their people are not working 9-9-6. If we're all working 35-40 hour work weeks taking nice vacations and they are worked to the bone it's not exactly apples to apples is it? I'm not calling for complacency, but killing government funded wasteful spending isn't exactly the way we "fall behind" If people want to build wind farms great, but the government should do LESS not more. We are not china. The people are in charge here.

Well, now we know. (Score:2)

by thrasher thetic ( 4566717 )

A good rule of thumb to follow is 'Krugman is always wrong about everything.' This is the guy who said things were great with the economy immediately before every major crash in his lifetime.

And who thought it was a good idea... (Score:2)

by ebunga ( 95613 )

I really want to know who thought it was a good idea to send all the jobs overseas in the pursuit of short-term profits in the first place?

Kitchen activity is highlighted. Butter up a friend.