Ulyssess S. Grant was President in 1872. Experts predict, based on analysis of economic data, China will surpass the U.S. as the most dominant economic nation sometime this year.
Statistics show that the U.S. had an abysmal 1% of 1% (that's 0.1%) economic growth in the first quarter of 2014. The Obama administration is blaming it on cold weather.
Obviously, there is something the Chinese are doing that's driving their economy, something the U.S. is not doing. And I know what it is: it's capitalism.
Communist leaders, after years of watching how successful capitalism works, has adapted a capitalistic economic system. The U.S. has gone in the opposite direction. The result here is a rising Chinese economy and a declining U.S. economy.
Personally, I think we should be happy for the Chinese, because it's evidence of what conservatives have been saying all along: capitalism works. That the U.S. is falling is evidence of the failures of the progressive movement here.