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60 Mile Traffic Jam Agust 25, 2010

Traffic has been snarled along the outskirts of Beijing and is stretching toward the border of Inner Mongolia ever since roadwork on the Beijing-Tibet Highway started Aug. 13. The following week, parts of a major road circling Beijing were closed, further tightening overburdened roadways. WSJFOXCBS.

"Welcome to the First World, China! It's where you pay first world taxes, lose your job to third world people and sit in all the world's traffic. "

As China continues to develop what is the long term impact on the US economy?

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