Americans See China as the World's Strongest Economic Power

Poll: Americans See China as World's Strongest Economic Power Which nation is the world's strongest economic power?

Nearly half of Americans in a recent poll believe China has surpassed America as the strongest economy in the world, and more than half blame the loss of manufacturing jobs and corporate outsourcing to foreign countries as major causes for the shift. Results from the seventh quarterly Allstate-National Journal Heartland Monitor Poll also show that 70% of Americans would prefer that Republicans in the newly elected Congress compromise with President Obama and congressional Democrats in order to improve the economy.

The survey of 1,200 Americans 18 and older focused on how Americans view the country's workforce competitiveness compared to other nations, and whether the American manufacturing sector should be a key driver of job creation. Only 20% of those polled felt the United States has the strongest economy in the world, while 47% said China's economy was strongest. Further, 58% of respondents blame the loss of U.S. manufacturing jobs on companies that shifted jobs overseas to reduce labor costs and increase profits, and 67% said that U.S. corporate outsourcing has played a major role in the recent high unemployment rate.

Those polled overwhelmingly want to see America's manufacturing sector revived, with 80% believing that manufacturing will be extremely or very important to U.S. economic growth over the next five to 10 years. And respondents want Washington to play a role in making sure that happens: 62% said it's important for the government to offer advanced manufacturing industries tax incentives and funding, even if it means more federal spending.

"The powerful anxiety crackling through this poll about the nation's precarious position in the global race for jobs and growth should be a signal to politicians in both parties that Americans are open to, and even eager for, bold ideas from business and government to strengthen our competitive position," said Ronald Brownstein, editorial director of National Journal Group, in a statement.

The poll also gave some insight into what Americans felt the top priorities of the new Congress should be: 28% said politicians should provide new spending on infrastructure, research and education to encourage job creation, 22% said the top priority should be new tax cuts, 19% said repealing or changing health care reform was most important, 13% wanted all the Bush era tax cuts extended, and 11% said addressing the federal deficit should be the top concern.

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gbelter777

I am looking at usa made labels more and more. Problem is everything is made in China.

December 21 2010 at 10:04 PM Report abuse rate up rate down Reply
Sonny

The unions and the liberals have handed it to China on a silver platter!

December 21 2010 at 5:28 PM Report abuse rate up rate down Reply
hi cat

We can be our own market and be our own producer. Tariffs WILL protect what jobs are left. THIS IS POISON TO THESE Corporate WORLD CITIZENS WHO ARE AS BAD AS CHINA NOW BY USING SLAVE LABOR TO WORK THEIR FACTORIES. The junk they ship back here for us to buy is NOT CHEAP either. Boycott all foreign made products. Expel the globalists, dual citizens and traitors. They bought and sold the Senate bought and sold the House of reps with fiat dollars and it would not matter to them if we all starved. They have been purposely devaluing our money for the Fortune 500 companies bottom line. The bloodsuckers and talking heads on CNBC ( GE owns it ) were telling everyone to buy stocks of the "emerging" markets. BRIC( Brazil Russia India and CHINA) In case you forgot war is Big Business. Wanna invest your son or your little girl too? That is what they mean by equal opportunity now in the USA. But they can't even SELL that tripe anymore because the jobs ain't here as a result. Neither a cheap products as a result. Protectionism via tariffs and unions that protect American jobs. DO NOT listen to the talking heads and the bailed out banksters and brokers. No jobs here in the homeland and soaring prices for us on junk made in foreign places.To the gentry lawmakers: KEEP UP THE GOOD WORK vote yourself another raise.

December 11 2010 at 12:53 AM Report abuse +1 rate up rate down Reply
jhrochesterny

Problem with this poll is that corporate america doesnt listen to the people so dont expect many manufacturing jobs to return unless they either pay low wages or get some kind of tax breaks, because they sure arent going to give up their profits just to give americans jobs. But if they keep going in the direction they are, there wont be any jobs left here and we wont have any money to buy anything anyway from wherever it comes from. Maybe they should be looking ahead instead of just at their bank accounts.

December 10 2010 at 4:39 PM Report abuse +2 rate up rate down Reply
gquevy

If you want to make a difference instead of whining about China then think about how much crap you bought that was made in China and made it an economic power. The solution is simple----Stop buying anything made in China! It will force our American corporations to come back here and set up the factories in the US. As long as you are dumb enough to buy crap made in China, you have no one to blame but yourself. Stop pointing the finger at someone else being the reason for the situation and accept the responsibility that you are the reason for China's booming economy because you don't want to pay the price it takes to make it in America. Penny pinching people around the world have created communist China into a booming economy.

December 10 2010 at 4:04 PM Report abuse +1 rate up rate down Reply
terry

The "Rich individual or corp" have been use cheap labor for 5000 years of writen history. If American stop buying cheap products we can reverse the martket but not overnight. Does anyone remember the Walmart commerial 20 years ago the big word was "MADE IN AMERICAN". The American Billionares is not going to stop their ways when we all want cheap products.

December 10 2010 at 2:57 PM Report abuse rate up rate down Reply
ajgorm

We can watch the China bubble grow. The problem for them once they burst from becoming too big to sustain we can win back the market share we lost and put them out of business. Protectionism and consumerism and nationalism is too strong to divide. We will not buy Chinese once we go under or we will be digging our own hole. Can they force us to conform by taking away our second amendment when the time comes for the bubble to burst and force us to comply to the ruling party.

December 10 2010 at 1:59 PM Report abuse rate up rate down Reply
drockir

During the 2nd world war, we supplied the world and outproduced all of the warring powers on both sides combined. Now the world supplies us. The curtain is closing on America. Its now someone elses turn to lead the world, probably China's.

December 10 2010 at 1:51 PM Report abuse rate up rate down Reply
kittyjoy

boy..do..we..miss..reagan..same..verse..different..lines...japan..and..pacific..tigers..are..taking..over..the..usa.SOUND>>FAMILIAR...my..grandmother..said..us..corporate..raiders..were..going..to..ruin...this..nation..but..donald..trump..knew..how..to..enhance..shareholder..value..by..driving..the..price..of..usa..products..down..to..lets..us..compete..globally...more..sales..times..gross..profit..equals..profit..and..more..jobs

December 10 2010 at 1:47 PM Report abuse rate up rate down Reply
mike edwards

china supplied all the ammo to north vietnam killed 58000 of our young men and women now what should we kissm

December 10 2010 at 12:17 PM Report abuse +1 rate up rate down Reply