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From: govett@avsd.UUCP (David Govett)
Newsgroups: comp.sys.amiga,comp.sys.atari.st,comp.sys.ibm.pc,comp.sys.mac,sci.electronics,comp.arch
Subject: Re: GATT declares U.S. - Japan chip pact illegal
Message-ID: <82@avsd.UUCP>
Date: 5 Apr 88 16:55:30 GMT
References: <2441@unicus.UUCP> <1259@hubcap.UUCP> <1641@ncsuvx.ncsu.edu> <1813@ihlpm.ATT.COM> <3297@fluke.COM>
Organization: Ampex Advanced Technology Division, Redwood City, CA
Lines: 27

> 
> The US is the most powerful country in the world
> We have twice the people as the Japanese
> We have twice the money of the Japanese
> We have 10 times the land, and gobs of natural resources; The Japanese have
> none.
> 	Are you trying to tell me we can't compete with those people because
> our economic system is inadequate to the task? 
> 	Are you trying to tell me the Japanese are inherently capable of more
> than Americans; perhaps have some secret weapon?
> 


The USSR has a bigger military than the US.  Japan has a greater 
per-capita GNP than the US.  The USSR is about 2.5 times as large
as the US.  PRC has about 4 times as many people as the US.
South Africa and the USSR have more "natural resources" than the US.
Japanese residential property is now worth more than twice as much
as all the residential property in the US.  

Perhaps the most important natural resource is highly educated
people with a strong work ethic and adaptability to change.
(It also helps to have government-business cooperation and 
limited access to one's domestic markets.)

Incidentally, the US is about 24 times the size of Japan, if memory serves.
How much of this land we still own is uncertain, though.