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Thanks, Mr. Bush . . . Uh-oh, Russia

Filed under: US Elections

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The above chart from the Washington Post via the IMF shows that America's ranking on the world list of nations organized by per capita GDP has increased during the Bush years, from #10 in 1992 to #8 today. The U.S. is now #1 among all the major nations of the world, surpassing both Japan and Germany which formerly exceeded it, with only a few tiny exceptional countries ahead of it, countries that don't face any of the major socio-political challenges that confront the world's only superpower. Our per capita GDP has nearly doubled over the past decade and a half, equating to an astounding amount of new wealth given our already large economic base and huge population. And America has achieved this despite the obstacles of radical Islam and rising world oil prices; just imagine what we would have done without them! The chart also points out how the fortunes of the once awe-inspiring Japanese, who some claimed would dethrone the U.S. with their industriousness, have fallen.

Actually, it appears that the Post may have messed up the 2007 list a bit,since based on the figures it quotes Switzerland should be below Denmark and Sweden should be above the U.S., putting it in 9th place as per the IMF estimate for 2007, which is given on Wikipedia. But the point is that while the powerhouses Germany and Japan have stumbled, the U.S. has made progress to the point that it now stands alone atop the heap of large countries. "Mighty" Russia, by contrast, does not even make the top 50 world nations on that list, coming in at a lowly #54, well behind both Poland and Hungary, neither of which have the blessing of accidental oil revenues to boost their stats. Think the mythology of "purchasing power parity" changes something in Russia's favor? Think again. Russia is even lower on that list, coming in at #59 -- while the U.S. rises still higher, to #4 (as shown on the Wiki page, a University of Pennsylvania study, using different methodology than the IMF, puts us at a breathtaking #2, and Russia also slightly higher, at #52). How can anyone look at the following table and still believe Russia deserves a place at the G-8 table?

G-8 Nations Ranked by
Purchasing Power Parity Per Capita GDP
(IMF's most recent data)

USA -- #4
Canada -- #12
UK -- #13
Japan -- #20
France -- #21
Germany -- #23
Italy -- #24

Russia -- #59

Economic attainment not only places Russia at a woefully inferior standard of living, but prevents it from matching the other G-8 nations in military expenditures as well. Russia's level of democracy is also, of course, abysmally lower than that of the other G-8 nations, as repeatedly confirmed by international ratings agencies, and it has a hostile relationship with NATO, of which all other members but Japan are members. In fact, these days it's no longer possible to discuss Russia as being merely "undemocratic" but instead words like "barbaric" and "savage" begin to seem imperative. As the Moscow Times reports:

Human Rights Watch has called President Vladimir Putin a "repressive" and "brutal" leader on par with the leaders of Zimbabwe and Pakistan. In its annual report on the state of human rights across the globe released last week, the rights watchdog said Putin had "crippled democracy" and succeeded in "silencing the media, shutting down civil society" and stifling political opposition. The report, released late last week, compared Putin to the leaders to Zimbabwean President Robert Mugabe and Pakistani President Pervez Musharraf, among others, for "manipulating elections" to "legitimize his reign."

Instead of responding like a civilized, sophisticated nation and seeking to reform, Russia's response is childish, neo-Soviet denial. The MT reports: "Kremlin spokesman Dmitry Peskov on Friday laughed off the comparisons of Putin to the leaders of third-world countries. 'We take this with a grain of salt because it proves that the report's authors don't know the reality and don't want to know it,' Peskov said."

Simply put, Russia is laughably unqualified for G-8 status and should be ejected, as presidential contender John McCain has properly demanded. Moreover, in light of the economic facts, Russia's policy of confrontation with the clearly dominant U.S. is quite obviously insane.

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Comments


G. Christenson says:

Notice how number #9 (socialist Sweden) is $1400 greater than number #8 (United States) -- yet it's ranked #9.

This bizarre bit of propaganda must use some sort of ranking system that only Republicans can understand.


Dan says:

During the Bush years? Wasn't there a guy named Clinton too?


Dave says:

Uhhh - you might want to also note that you got it wrong in calling it a decade - it's actually 15 years.

I'm also fairly sure those numbers in 2007 are not inflation adjusted - and I think 15 year inflation is around 50%.

And if you REALLY wanted to chase down numbers are present an accurate view - you'd include the 15M+ illegals in the USA. They're both adding to the GDP and per capita, so....


Marc says:

Kim Zigfeld, you are officially retarded! There is no sense in explaining why, you would not understand anyways, judging by the deranged logic you exhibited in the two above paragraphs. Congratulations on condensing your stupidity in such concise terms.


La Russophobe says:

PUBERTY: Truth hurts, doesn't it you pathetic little dork. Sorry about that! If you can't take the heat, don't read the blog. And thanks for admitting Russia doesn't belong in the G-8. I agree 100% and so does Senator McCain.

G. Christenson: It's from the Washington Post, you idiot. Do you consider that a Republican publication? What planet are you on?

Dave: Thanks for the correction of a totally meaningless fact. Or are you saying doubling the GDP per capita in 15 years means nothing? If you have a problem with the data, speak to the Post. Think a little before you write, you'll have better luck.

Dan: Sure, Clinton deserves credit too! Thanks for mentioning it. But he's not president now, in case you forgot, so it's not the main point. Of course, most of the credit goes not to the president but to the American people. However, Clinton already has received lots of kudos, Bush not so much. And your crude comment is a good illustration of this fact.

Marc: Very nice analysis, quite impressive. Will you please agree to write for this blog? We beg you!


La Russophobe says:

Dear Gorillas:

I took pains to confirm American dominance expressed in the Washington Post table set forth in this post by citing to Wikipedia's IMF data for both purchasing power parity and nominal per capita GDP. As clearly noted in the post, one major study by a major American university outside the IMF data actually places the US at a much higher level. If you're not going to take the time to read the short post by commenting on it and only hurl ridiculous invective, you embarrass this blog and your comments are subject to deletion.


G. Christenson says:

"G. Christenson: It's from the Washington Post, you idiot. Do you consider that a Republican publication? What planet are you on?"

The planet where we look at data before reposting it, and read charts to see how good the data quality is.

Strangely, when "socialist Sweden" outperforms the USA (!), but ranks lower on your chart (!!) it calls the quality of your source into question.

Here's what the real chart looks like:

GDP Per Person in 2000 (PPP):

USA -- $33,900 World ranking: #2

http://www.umsl.edu/services/govdocs/wofact2000/fields/gdp_-_per_capita.html

GDP Per Person in 2008 (according to you)

USA -- World Ranking: #8

Nice job, Mr. President.


Estland says:

Brilliantly written and based on solid figures.


La Russophobe says:

G. Christenson:

I believe you are demented. Not only does your list not give a ranking (it's alphabetical) it doesn't give a source for its data either, and it is all based on estimates (from different years yet). That's to say nothing of the fact that you give no indication whatsoever why your list is "real" while Wiki and the Washington Post are not.

Dude, don't drink and post please. You're just making a fool of yourself.


Artfldgr says:

The way they figure out the positioning is unfair in many ways... so i dont pay much attention to it. better to come up with your own measure, then find the facts..

the reason sweden scores higher is because of these odd additions.

for instance, medicine is included, and there is a measure of socialist medicine, and so ever socialist country gets a boost with that. its patently unfair and ingenous to do so. also countries that dont go to such heroic lengths to save lives get better scores.

for instance, i just lost a new nephew in the 8th month to socialist eclampsia... a odd variation of the condition that prevents a doctor from inducing labor in the 8th month and having a live baby, but a bit premature... or waiting, prescribing contraindicated meds, and then when the baby dies, the statistics are different. the child died in the mother, then she had to wait days till it came out. no pitosin.

so in that country, the stats for children are higher, while in the US they would have induced early labor and so the statistics dont match up.

there is a LOT of this with IMF stats...

there is an however tough. the stats are not so far off as to be useless, and so sweden probably wouldnt be where it is in an honest ranking, but it wouldnt move all that far away either.


La Russophobe says:

Artfldgr: If you follow my links you'll see that Wiki gives THREE different lists (CIA, IMF, U. Penn) and they all have quite similar results showing U.S. dominance. I'd say that's pretty conclusive, and you certainly don't offer any viable alternative. It's totally meaningless that Sweden or Switzerland have higher figures than the US, they're not major geopolitical actors. We're in competition with the G-7 group, China, India, etc., and we are decimating them. If Bush gets the blame for other things, he ought to get the credit for this.


Artfldgr says:

I was answering the person that was asking how did sweden end up in the numbers.

G. Christenson says:
Notice how number #9 (socialist Sweden) is $1400 greater than number #8 (United States) -- yet it's ranked #9.

I agree that the US is dominant, but the numbers they use are not perfectly straight forward... so the US might actually be higher.

i was in no way comparing the US to sweden. as much as i might like akvavit, i wouldnt want to live in sweden. high taxes, no growth, wimpy men, a big islamic problem, etc. (what the US is heading for at the very least).

in an honest ranking the US is probably higher, sweden is probably lower, but both are in the upper third.


conservative of progress says:

It would be interesting to see GDP per capita of the various ethnic groups in America.

Then compare Americans from various descend with their European countries of origin.


Saul Wall says:

I agree with the post but I have a small disagreement with the use of the graph stating Japan's GDP as a percent of the world's GDP.

Does this not make one nation's economic performance dependent on the performance of the rest of the world? If one nation makes all the right economic decisions but the rest of the world has a boom that depends on commodity prices do they really deserve a worse image than a resource based economy that just lucks out?

As an economic neophyte I would appreciate someone making this clear.






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