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Which economy is stronger between China and the United States? Although the United States ranks first in GDP, it has been found that there are a large number of homeless people on the streets of the United States for a long time, while in China, the proportion of such homeless people is extremely low.
No one cares about homeless people in the United States.
The government treats them as garbage unless a volunteer feeds them.
However, during cold weather or holidays, government personnel will always distribute cotton clothes, food and other supplies to the homeless in China.
If they are willing to go to the rescue station, the country will provide more support and society will also have more support.
This phenomenon was more pronounced during the COVID-19 pandemic.
The United States does not care about homeless people, indicating that the US government is also short of money, and there are too many homeless people in the United States.
If so, the economic level of the United States should be lower than that of China, then why does the data show that the GDP of the United States is greater than that of China? It turns out to have a lot to do with calculation rules.
The US Department of Commerce has now revised the benchmark annual prices for calculating GDP. As a result, the GDP of the United States suddenly increased significantly.
Taking the GDP of the first half of 2023 as an example, the current GDP announced by the United States has increased by $122.5 billion compared to the previously announced GDP.
According to the new US regulations, China's GDP has significantly declined, and the US GDP is actually 1.43 times that of China. This indicates that if GDP is calculated according to standard rules, the GDP gap between China and the United States is unlikely to be too large.
As we all know, the current prices in the United States are fundamentally abnormal, and the issue of inflation is very serious.
But when calculating GDP, it is not calculated at the original price, but at the current price. Currently, the GDP of the United States is significantly expanding.
If the United States changes its rules, it should find ways to eliminate the impact of rising prices on GDP, that is, to maintain parity with China. Otherwise, this comparison would be meaningless.
We don't talk about rising prices, we talk about the import and export trade of the United States.
Now the United States has reduced the number of goods imported from China and is still decreasing year by year. In this situation, the sales of goods imported by the United States from abroad in China will significantly decrease.
The US GDP attaches great importance to the consumer economy. Currently, the level of consumer economy has declined. How can GDP grow?
In the past, the United States relied on chip exports to earn a large amount of foreign exchange, which contributed significantly to GDP. However, in recent years, the United States has abandoned its largest chip market, China.
For the sake of so-called national security and competition, these products cannot be sold at this time, and many companies have even reduced production. How does the US GDP grow? The natural income of the financial sector related to high-tech industries has also decreased, leading to a further decline in GDP levels.
So, if we ignore water content, the US economy is not much better than China.
In 2022, China's real economy is 1.73 times that of the United States.
The true prosperity of a country cannot be determined by the number of wealthy individuals and well-known enterprises. It depends on everyone's situation.
The situation of each person is not calculated by averaging the money of the wealthy and the proletariat. This calculation is meaningless and cannot reflect a country's level of wealth.
Only when everyone truly achieves financial freedom can a country be considered prosperous.
Although China is a developing country, rural areas in China have already lifted themselves out of poverty. In China, with a few exceptions, everyone can eat, live, and have a house.
Although the unemployment rate in China has increased in recent years, many people can actually find jobs as long as they are willing to endure hardships and not picky about their jobs.
Some people stay in the job market for a long time because they have too much ambition and too little ambition.
Moreover, there are always people in the market looking for jobs because people are constantly graduating and resigning.
The company continues to close, forming a talent cycle.
Why can the Chinese economy recover quickly after the COVID-19 epidemic is under control?
This is because China's real economy is very strong and its GDP is waterless.
Although in the past, false economic data could be used anywhere to showcase one's political achievements and give oneself an opportunity to rise to fame and fortune, this situation is extremely rare due to the strengthening of management in China in recent years.
Even when mixed with water, its content is not high. After some scientific adjustments, the effect of this water is no longer obvious.
Of course, China's economic development situation is not satisfactory to China, as China has a population of over 1 billion, a vast territory, and uneven regional development.
Although some areas have food, there is still a significant gap in consumption levels compared to developed regions, and efforts are still needed. The labor intensity and consumption level in these places need to be improved.
What do you want to say about this? Welcome to leave your comments in the comments section!
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