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re: How did the USA become the most powerful country in such a short period of time ? - Doc Fenton
P.S. -- I tried to go back and look at 19th century industrialists from other countries, and I didn't find much in the way of persons who could compete with the U.S. titans (Vanderbilt, Rockefeller, Carnegie, Morgan, Edison, etc.) of the Gilded Age. The British had [link=(https://en.wikipedia.org...
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re: How did the USA become the most powerful country in such a short period of time ? - Doc Fenton
FYI, depressing factoid/trendline of the day... [b]U.S. GDP Geometric Growth Rates[/b] 1790-1890 (100 years), 4.47%/year 1890-1944 (54 years), 3.53%/year 1944-2000 (56 years), 3.13%/year 2000-2016 (16 years), 1.78%/year...
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re: How did the USA become the most powerful country in such a short period of time ? - Doc Fenton
I don't know how to find reliable measures of wealth back in the mid-19th century, but I like to use [link=(https://www.measuringworth.com)]MeasuringWorth.com[/link] for income. I think it has 30.9 million people in the U.K. (not counting the larger empire) in 1865, with a per capita income of 31...
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re: How did the USA become the most powerful country in such a short period of time ? - Doc Fenton
[quote]2) Prior to WWI, America wasn't a player on the world stage. No one in Europe thought much about us -- we were just that colony beyond the Atlantic.[/quote] Well a lot of that was because of the logistics of trans-ocean warfare, and a lot of that was because we got along very well with the...
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re: How did the USA become the most powerful country in such a short period of time ? - Doc Fenton
[quote]And by 1939 Germany had shot back past the US in GDP[/quote] :rotflmao: :rotflmao: Wooooooow....
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re: How did the USA become the most powerful country in such a short period of time ? - Doc Fenton
WhiskeyPapa actually gives one of the best answers in this thread... [quote]Even in 1776, the colonies were the 4th largest producer of iron in the world. The population of 3 million in 1790 doubled every ten years up to the civil war. At which time President Lincoln said “our resources are unexh...
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re: Climate Converts: The Conservatives who are Switching Sides on Warming - Doc Fenton
[quote]The worst-case outcomes of climate change are far worse and more importantly, would be far more universal.[/quote] But nobody knows how much we can affect worst-case outcomes. It's a collective problem where the causes aren't well understood, and where the counterbalancing dynamics aren't ...
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re: Climate Converts: The Conservatives who are Switching Sides on Warming - Doc Fenton
[quote]Store the energy in chemical bonds.[/quote] That works too....
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re: Climate Converts: The Conservatives who are Switching Sides on Warming - Doc Fenton
[quote]We'd likely be in the lead on nuclear if everyone wasn't so irrationally scared of it.[/quote] On the one hand, it's a good thing that the public pushed so hard for public safety on this issue, because it's the type of thing you want to be extremely careful about. On the other hand, the...
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re: Climate Converts: The Conservatives who are Switching Sides on Warming - Doc Fenton
[quote]India and China have ample incentive to change their behavior regardless of what we do. You only need to look at a topographical and population density map of Bengal and Guangdong.[/quote] I think you're swallowing the Kool Aid if you really believe carbon emission reductions are a cost-ef...
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re: Climate Converts: The Conservatives who are Switching Sides on Warming - Doc Fenton
[quote]Duke[/quote] Did you take over somebody's username? For some reason you seem a lot more intellectually sophisticated than I remember you being a few years ago. :lol:...
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re: Climate Converts: The Conservatives who are Switching Sides on Warming - Doc Fenton
So, wait, you're saying that we need to switch to a carbon tax and reduce emissions because this is the best way to get India & China to change their current behavior? That sounds like a very weak argument to me. If you really care about reducing the carbon footprint of India & China (and for ...
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re: Climate Converts: The Conservatives who are Switching Sides on Warming - Doc Fenton
The quoted part is correct; the "embraces the scientific consensus" part is vague and likely stupid. It's a weird thing, because I do think that the Global Warmists tend to be anti-industrialist nutcases, but in designing my ideal tax system--which gives no regard to climate change concerns--I co...
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re: Average Federal Income Tax Paid Is $8,943 Per Person - Doc Fenton
Another point--even though total headline federal revenue percentages of GDP might not change much under [link=(https://en.wikipedia.org/wiki/Hauser's_law)]Hauser's law[/link], there are many levels of good or bad taxation at x% of GDP. The 1950s through 1970s were especially bad at encouraging all ...
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re: UK PM May invokes June election - Doc Fenton
Yep. The emotional pull might be stronger, but there are several new points of hard reality aligned against them now....
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re: UK PM May invokes June election - Doc Fenton
[quote]Sturgeon wants out of the UK; a contrary vote for that would all but silence her.[/quote] I'm not sure what you mean by "a contrary vote" here. The Scots will still vote for Labour like they always do, and the Parliament will still be led by Conservatives. [[b]EDIT:[/b] If you mean the ...
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re: UK PM May invokes June election - Doc Fenton
Come on, bruh. Did you see the numbers? This is all about delivering a mortal blow to Labour. Nothing more, nothing less....
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re: UK PM May invokes June election - Doc Fenton
It's just a quirk of the Parliamentary election system that they don't have regularly timed elections. I think they're supposed to hold them at least once every 5 years, but the PM can call for snap elections at any time (which often happens when there's a hung Parliament). Also, the UK went from 19...
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re: UK PM May invokes June election - Doc Fenton
I wouldn't call it a risky move. It seems more like an attempt to put a dagger into the heart of the opposition at a well-timed juncture, before dropping London real estate values and moving financial jobs (potentially) become more acute. Labour is a dumpster fire right now, and although May was ...
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