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It's much easier to debate who is to blame than to acknowledge that America is on the decline.
A decline from what/when?
People have been saying this since forever.
Business Week ranks the U.S. as #6 in terms of quality of life. The U.S. has the highest amount of disposable income and one of the best for housing condition. The U.S. loses points for education and environmental issues.
The 5 countries ranked higher than the U.S. have populations smaller than California and in most cases substantially smaller than half the U.S. states.
This is very distressing, and really underscores the fact we need to find a permanent solution to eliminate, or reduce economic inequality. The problems of class mobility are especially heightened these days. And it doesn't matter what ethnic group you are in.
ALL that came before contributed to right now. ALL that came before kicked the can into the future.
Maybe we can all join hands and blame the invention of the tractor. Prior to that , about 200 years ago, about 80% of the people worked to produce surplus food for the 20%.
And they were far far poorer than the welfare class is today. Back then when 80% of the people worked without tractors, they had no televisions, no hospital care with expensive doctors, they had no cell phones, no air conditioning, no indoor plumbing, very few fancy store-bought clothes.
We remain a hair beneath the " official" poverty rate that was established in the 60's, a rate similar to that of the early 80's and then again, early 90's.
The current rate remains substantially less than at all times prior to the War on Poverty. This is darn incredible given the global economy and technology.
We remain a hair beneath the " official" poverty rate that was established in the 60's, a rate similar to that of the early 80's and then again, early 90's.
The current rate remains substantially less than at all times prior to the War on Poverty. This is darn incredible given the global economy and technology.
Technology has historically raised living standards. That is why we are better off today than the typical 19th Century American.
Well then people need to dust off their history books.
There was this event in the US called the Great Depression.
What are they hoping for ? A return to the good old days of asset bubbles ?
What if they don't come back ? What if what we have today is the new reality ?
Everything that's old is new again.
15-20% poverty rate may be the new normal, in absence of a new bubble economy.
I hope everyone read the article to get the context of the statement...
Four out of 5 U.S. adults struggle with joblessness, near poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.
This is not a big deal. I could rewrite the headline.
20% of U.S. adults grew up in the lucky sperm club.
Most people struggle in their adult life at some point. I understand things are tougher now, but the way that the headline is worded makes me think that trickery is afoot.
Really? Because I have yet to see evidence of those so-called "poor" people. The once I see are struggling in crappy neighborhoods, with jobs with decreasing hours, and no disposable income for even the most limited of luxuries.
About 87 percent of the 113.6 million U.S. homes in 2009 had air conditioning equipment, according to data released by the U.S. Energy Information Administration (EIA). This number is up from about 68 percent as recently as 1993.
I did not see any move by Congress in 2009 or 2010 by any Dem to put it back in place.
The banking changes that did come out of Congress were a joke and did nothing to prevent another blowout.
So it's not just the Repubs that won't make a move.
Neither party seems interested to force the break up of big banks.
We shall see how Elizabeth Warren's bill fares.
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