America as No. 2

How embarrassing.

Since about 1850, America’s economy has been tops in the world.

After World War II, America’s economy comprised 40% of the entire world economy, something even the ancient Chinese and Roman empires never managed.

America’s economy just dropped to No. 2. According to Reuters:

The U.S. economy lost the title of “world’s biggest” to the euro zone this week as the value of the dollar slumped in currency markets.

Taking the gross domestic product of both economies in 2007, the combined GDP of the 15 countries which use the euro overtook that of the United States when the European currency surged to a record high of more than $1.56 per euro.

A decade ago, the Neocons were boasting how America was the “Unipower,” the “sole remaining superpower” that had a mandate to force democracy on all the world.

Now we’re No. 2 and headed to Third World Status. Soon America will be a large version of Belarus, with better weather in some areas.

How did this happen? Simple. Bush followed the Neocons’ imperialist schemes and invaded Afghanistan and Iraq, wars which have cost $3 trillion — so far.

To pay for it — and for Bush’s LBJ-style wild domestic spending — Bush and his Fed flunkeys, Greenspan and Bernanke, debased the dollar. It’s the old trick ancient kings used, in those days by “clipping the coins” (thus saving a little gold or silver off each coin, which could be minted into new coins).

They crashed the dollar, which is crashing the economy.

This allowed the Europeans to zoom upward.

Like other empires before it — the British Empire, the Spanish Empire, the Soviet Empire, the Russian Empire, the French Empire, the Roman Empire — Bush’s U.S. Empire bankrupted itself on foreign wars.

The solution?

Go back to the modest, small-government Republic our Founding Fathers intended America to be. Then our economy will revive.

f the Neocons want to rule an empire, let them play a game of Risk.