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Nope only the entitlement class (Non producers) is growing. Which is even worse than a shrinking population.
I'm afraid to say the 'entitlement" class that is growing in the USA are the Wall street and corporation "entitlement class".
America became great when it actually had industry and had something to sell. Hard working Americans earned a good salary for a hard days work, had affordable health care and security......... then the big corps and Wall Street took over.... PROFITS became the new American dream and American Industry got left in its wake...... companies out sourcing, corporations raising premiums dramatically, speculators disturbing the markets for profits, lobbyists making sure palms were oiled......... America now virtually makes NOTHING..... indeed it would be nothing if our President hadn't saved the Auto industry or do what he is doing now to bring jobs back to America.
The new entitlement class ( Wall Street, banks and insurance companies) make nothing but money and that is for themselves.... they don't even put the same proportion of money back into the system in taxes as the poor...
This is why America is having to pay out more SS payments, give out more food stamps etc etc..... NOT because more Americans are becoming a "entitlement class" but "Corporation America" is creating a America that has NO industry.... NO jobs..... NO decent health care..... NO decent Education ....... unless you are wealthy with your money coming from making money......... the rest of America is struggling AND HAVE TO GET BENEFITS TO SURVIVE.... but why should the Money creators worry..... they can just point there grubby little fingers at Americans and say they are the "entitlement class" and tell us they sre responsible for this mess............ I know exactly where the finger should be pointed........ at the people who really DO feel entitled.............
CORPORATE AMERICA!
Ok hotshot please show you work. Prove that the US deficits per GDP is larger than all of Europe I have found zero evidence that this is true.
By the way I have included your original post, you wrote US debt to GDP ratio is higher than all of Europe. Of course you have no clue as to what you are talking about. You can't even keep debt and deficit straight in you own posts.
You keep digging deeper and deeper, I have gone from being amused by you to pitying you.
I already posted a link stating that EU GDP/Debt ratio is way lower than Americas Debt/GDP ratio. You just keep changing the parameters. I was talking about deficits and about EU against America in terms of Debt/GDP ratio.
You realize how stupid that remark is? You are giving the okay smily why saying god help us like you want the country to crash and burn. That is beyond stupid.
No I just see the inevitable. Unlike you. America will eventually pay for it's policies of the last 70 years.
So you are saying those in charge of Iran are sane then.
Are they into diplomacy first, like I believe in? Or opposed to diplomacy, like y'all prefer?
Quote:
The German economy has shown poor growth the same with Japan and Japan is posting trade deficits as well right now which they used to never have. The aging population is going to affect them rather badly.
It is rather amusing to see this argument come from a fellow American (I assume you're one). How is German health care system doing with a greater proportion of its populace being older folks? Compared to us?
Exactly. That is why they are baffled. On the flip side, however, they can certainly credit their current position, as a part of learning from the past, to a leader of the country who did not believe in diplomacy. Remember, neither he nor German volk could ever do anything wrong!
I already posted a link stating that EU GDP/Debt ratio is way lower than Americas Debt/GDP ratio. You just keep changing the parameters. I was talking about deficits and about EU against America in terms of Debt/GDP ratio.
Amused....
You are one misguided poor soul.
I pity you.
You are still wrong the link I provided for you clearly shows you are wrong. You referenced. The debt and deficit in the same post. I see you still can't back up you deficit silliness. Pathetic.
I know facts are hard to dispute, so you just refute to insults.
Let me make it super easy for you, please provide us with the debt to GDP ratio for the us and Italy.
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So you are saying those in charge of Iran are sane then.
