EDITORIAL: Russia versus America — No Contest

EDITORIAL

Russia versus America — No Contest

Last week the U.S. government reported second-quarter growth of 2.4%, while the International Monetary Fund projected 4.3% growth for Russia in 2010.  The Russian rate was nearly double that of the U.S., yet the IMF harshly qualified the Russian figure as merely “moderate.” It’s not hard to understand why.

IMF figures indicate that the annual value of the U.S. economy exceeds $14 trillion — the largest single value for any nation on this planet by a very wide margin (in fact, the U.S. GDP is as large as the next three largest nations in the world combined).

And Russia?  Russia doesn’t even rank in the top 10 nations of the world according to the IMF, coming in at #12 with a puny, pathetic value of just $1.2 trillion in annual production (the vast majority of which is just the pumping of crude oil).

Run the numbers yourself.  A growth rate of 2.4% for the U.S. means adding $336 billion in value to the U.S. economy.  With just over 300 million people, that works out to over $1,000 in new wealth per person compared to the prior year.

And Russia?  A growth rate of 4.8% for Russia means adding only $57.5 billion in new wealth to Russia’s coffers, nearly six times less than the U.S. achieved with only half the growth rate.  With 140 million people, Russia’s anemic growth yields just $410 per person. Russia’s growth rate is double that of the United States, but each person ends up with less than half as much value.

And in fact, less than half is a vast overstatement.  As Boris Nemsov has recently shown, Russia is infamous for allowing rich people and the state to hoard wealth rather than passing it on to the general population.  While a huge amount of new wealth in America will be spread among the people who earned it, in Russia the vast majority will be sucked up by oligarchs and a greedy, corrupt state bureaucracy. Ordinary Russians will be lucky to see mere crumbs.

The chart you see at the top of this post provides further analysis, based on the Legatum Prosperity Index.  It compares Russia (the blue line) with the United States (the green line) across a wide variety of social and economic and political criteria, with the outer edge of the figure representing the highest possible attainment.  The U.S. is shown as a well-rounded world-leader, while Russia is shown as a misshapen, deformed, mutant.  Even in education, where Russians like to imagine they are superior, Russia falls well short of the United States.  In many other areas, Russia is really  not developed at all.  America is above the 80th percentile in every category, while Russia exceeds the 60th in only two and never once cracks the 80th percentile at all.

You tell us, then, dear reader: How is it possible that a wretched, backwards, nightmare of a country like Russia can even dare to dream of provoking a rival like the United States into a new cold war?  Isn’t it obvious Russia has no chance of success? Isn’t it obvious that Russia would meet the same fate as the USSR in such a foolhardy, one-sided rout?

Apparently, nothing is obvious to Russians.

16 responses to “EDITORIAL: Russia versus America — No Contest

  1. An excellent article LR!

    It hits Putin’s nightmare ‘home’ right between the eyes, giving him two black eyes and hence he cannot see anything as his eyes are puffy and closed to the truth. So what’s new?

    It is sad and hard to fathom that the average Russian can be so blind as not to see the truth and where Putin’s utopia is leading to, in the long run.

    This article certainly proves the truth and hence gives lie to all of Putin’s claims that Russia under his “at the helm” is the place to be and live in! So much like the days of the old and bankrupt USSR where school students were regularly reminded by their teachers that they lived in a communist paradise and that as such they were the luckiest people in the world.

    The fact of this was that the citizens actually ‘lived in a communist PARASITE and as such were the UNluckiest people in the world’.

    And so I ask? is there really a difference between the bankrupt and defunct USSR and Putin’s Russia.

    ‘Heil’ to the mighty and omnipotent proud KGB spy Putin – YUK!!! You deserve what get dear Russian ‘sheeple’.

    • Oops apology for omitting the word “you” between the words “what get” in the last paragraph.

    • Oh, my friend from Russia! We are so alike. We see clearly the wrongs inflicted by “The Powers That Be” (TPTB) and feel helpless to change it. The only reason ‘the grass is greener on the other side’ here in the US is because of the horrible wildfires in your beautiful country. Otherwise, we sheeple (yes, we use that term too!) are herded along at the whim of TPTB just as in your country. Peace and love to all in Russia, may you be safe, my fellow travelers on ‘Spaceship Earth!’

  2. “… $14 trillion — the largest single value for any nation on this planet by a very wide margin (in fact, the U.S. GDP is as large as the next three largest nations in the world combined).”
    ————————

    That’s nothing new but the greatest American invention – Federal Reserve fake money printing press and Hitler style nazi mentality of the American ruling class on its way to “world domination” and its resources.

    A real GDP of the US can hardly be measured in $$. Read the lines here above about the printing press.

    “As Boris Nemsov has recently shown, Russia is infamous for allowing rich people and the state to hoard wealth rather than passing it on to the general population. While a huge amount of new wealth in America will be spread among the people who earned it, in Russia the vast majority will be sucked up by oligarchs and a greedy, corrupt state bureaucracy. Ordinary Russians will be lucky to see mere crumbs.”
    ——————

    Boris Nemsov smells a communist. Such a shame!!! Can’t believe such a transformation. Time goes, people change.

    “How is it possible that a wretched, backwards, nightmare of a country like Russia can even dare to dream of provoking a rival like the United States into a new cold war?”

    You are streaching it a bit, really. The only thing that Russia possibly does is keeping nazi nation US and its vassal jackals bordering on Russia at bay. Take 2008 Georgia as an example. Yet, you call it Cold War??? Russia is very, very moderate in its foreign policy aspirations as I see it. They have other fish to fry at the time.
    ——————————

  3. definitely a nazi nation – USSa. No doubt about it judging from your moderation. I’ll pay the tall on other blogs with no regrets about the words said and try to do my best “The Nazi USA” to embedded and firmly printed all across the board.
    LaRussophobe, thanks for the inspiration!
    I fully agree with you on the point Russia as a state was and still is a real menace for Nazis, Hitler or modern USA. Keep up the good work to demonstrate to the Russians your nazi mentality within your blog!

    • wow, it appears the heat in Russia is melting away the last remains of brains.

      Yeah, a state which has black president, an Israeli citizen as White House Chief of Staff, and is building its wealth with help of wide palette of immigrants from Mexican blue collars to Chinese intelectual elite, could be best described in terms of Aryan Neo-völkisch’ness.

      Its typical Russian – skinheads with german Nazi insignia could be beating Tajik gastarbeiters in his yard and Putinjugend Nashi could be parading in hate march down his street, yet he would turn blind eye on that, and instead would accuse countries like Estonia, Georgia, Ukraine and USA as being “nazi fascists”.

      I recommend you try kompot or kvass instead of vodka for summer refreshment just one day for a change.

  4. actually a rather pointless article, it’s like writing an editorial about how the Pacific Ocean is larger than the Black Sea or something.

    • However, this article has elicited quite a few amazing responses from certain commentators here (you are not one of them Igor, I know that). It was particularly interesting for us Americans to learn that our leaders have “Hitler style nazi mentality.”

      I suppose a black President must be one of those Nazis as are 15 or so Jewish members of the U.S. Senate, or 1/3 of the U.S. Supreme Court (3 out of 9 members). I have lost about 50 of my relatives during the Holocaust, so these allegations have really enlightened me.

      • I guess it all depends on their own definitions/re-defenitions of the term Nazi. It has to be admitted though that the phrase ‘Black Jewish Nazism’ sounds rather funny

  5. Most people do not realize that NAZI =

    same BS as the uncivilized pagan barbarians in the kremlin!

    Nazis believed in government control over just about everything. They promised to “take care” of the people. They directed the economy. They changed laws to meet their agenda, and the people’s rights were subordinate to the government.

    The Nazis, Socialists and Communist were and are leftist. The principle difference was that the Communists wanted to take ownership control of the means of production. The more Fascist Nazis and Socialists just wanted to control the means for production because they were already very aware of the disastrous failure of the Soviet Communist takeover of private enterprise.

    Nazis looked at the Communist (KPD) and Socialist (SPD) as their main obstacles to consolidating power, since they all expressed varying degrees of leftist socialist ideology.

    That is why the Nazis imprisoned their competitors for power.

    Conservatives, that is self-reliant free enterprise oriented people, loathed the Nazis. Nazi philosophy was not conservative, i.e., they did not believe in individual liberty or that individual rights came from God rather than the government. Actually they tried to replace religion with the Fuehrer.

    One of the invited speakers to this ICL class, B.F. Malac, a Czech survivor of both the World War II Nazi forced labor camps and the Communist takeover of Czechoslovakia after WWII, was asked, “What were the differences between Nazis and Communists?” He succinctly relied, “There wasn’t a spits worth of difference between the two.”

    http://www.academia.org/the-original-national-socialists/

  6. The comparison is even more impressive against other members of the G8.

    legatum Russia

    Anyone reminds me what Russia has in common with the others?

  7. What do you support – U.S.A or Russia?
    http://usa-vs-russia.free-opinion.com/

    • Thanks! It is interesting that Russia loses Poland, Finland, Estonia, Latvia, but surely wins at Georgia and USA.

    • it doesn’t mean much, it’s probably just because some people think that Russia is the underdog on the modern political scene so they support Russia out of pity.
      I would agree with some of the comments on that page that the US, while superior to Russia in most respects, is far from being an ideal country for everyone.

  8. Well, here is an article that would have that ReTaRd Ostap Bender grinding his teeth.

    Seems the Vietnamese vastly prefer the US over the Russians and Chinese.

    The US is now the most important trading partner, and ties between the two countries have become extremely close since the normalisation of relations in 1995.

    Former enemies US, Vietnam now military mates

    ABOARD THE USS GEORGE WASHINGTON – Cold War enemies the United States and Vietnam demonstrated their blossoming military relations Sunday as a U.S. nuclear supercarrier cruised in waters off the Southeast Asian nation’s coast — sending a message that China is not the region’s only big player.
    The visit comes 35 years after the Vietnam War as Washington and Hanoi are cozying up in a number of areas, from negotiating a controversial deal to share civilian nuclear fuel and technology to agreeing that China needs to work with its neighbors to resolve territorial claims in the South China Sea.

    Relations have thrived since the former foes shook hands in 1995. The U.S. is Vietnam’s top export market and Americans are the country’s No. 1 foreign investor. Two-way trade reached $15.4 billion in 2009.
    Military ties have also grown since the first U.S. warship ship visited Ho Chi Minh City in 2003, including high-level defense talks and training.
    The USS John McCain destroyer will pay a port call to Vietnam later this week. The two navies are expected to have cultural exchanges along with training exercises, such as search and rescue operations.

    http://news.yahoo.com/s/ap/20100808/ap_on_re_as/as_vietnam_us_military_mates

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