November 4, 2013
Global GDP numbers tell a clear story: The U.S. is the world’s No. 1 economy. By a wide margin. U.S. GDP is about twice China’s. When measured on a per-person basis, the U.S. has an 8-to-1 edge over China.
But a lot of Americans don’t see it that way. The latest piece of evidence comes from the financial website, The Street, which polled 1,005 Americans and asked them which country is “world’s dominant economic power.” Twenty-eight percent of those polled chose China, while 59% chose the U.S.
Looking ahead five to seven years, those polled were a lot less confident in the U.S. position. By 2018 to 2020, 36% said China would be number one, compared with 43% for the U.S.
This article was posted: Monday, November 4, 2013 at 2:29 pm