Monday, October 31, 2011

Cain IGNORANT of China's Nukes

Technorati Profile

Herman Cain is IGNORANT of China's nuclear status:

Reality: Nations that are known or believed to possess nuclear weapons are sometimes referred to as the nuclear club. There are currently eight states that have successfully detonated nuclear weapons. Five are considered to be "nuclear-weapon states" (NWS) under the terms of the Nuclear Non-Proliferation Treaty (NPT). In order of acquisition of nuclear weapons these are: the United States, Russia (successor state to the Soviet Union), the United Kingdom, France, and China.

"JUDY WOODRUFF: And what could you do as president to head that off?

HERMAN CAIN: My China strategy is quite simply outgrow China. It gets back to economics. China has a $6 trillion economy and they're growing at approximately 10 percent. We have a $14 trillion economy -- much bigger -- but we're growing at an anemic 1.5, 1.6 percent. When we get our economy growing back at the rate of 5 or 6 percent that it has the ability to do, we will outgrow China.

And secondly, we already have superiority in terms of our military capability, and I plan to get away from making cutting our defense a priority and make investing in our military capability a priority, going back to my statement: peace through strength and clarity. So yes they're a military threat. They've indicated that they're trying to develop nuclear capability and they want to develop more aircraft carriers like we have. So yes, we have to consider them a military threat."

It is obvious that Cain is UNAWARE China already has the Bomb! I'm amazed Woodruff didn't call him on it.

His understanding of business math is lacking as well. How long does it take, at 10% per year for China's economy to surpass the USA? Unless he can get the USA speed up almost instantly, China passes us in less than 7 years. Greg Goodknight can give you the exact numbers.

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