We've already chosen the race to the bottom, friend. The Chinese have a head sta... | Hacker News

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		cryoshon on Feb 11, 2015 \| parent \| context \| favorite \| on: China We've already chosen the race to the bottom, friend. The Chinese have a head start, but don't worry, we're following as closely as we can manage and as our nation-specific bonus we already have the klepto-capitalist class in place.

3pt14159 on Feb 11, 2015 [–]

Oh please. The US public spending as a percent of GDP is around Canada's: http://en.wikipedia.org/wiki/Government_spending

And almost double Chinas. Even after you take out the military there is no basis in saying that the US has raced to the bottom.

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