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Wasn't there in the 50's or 60's, but those decades are generally considered the peak of the American middle class. New York isn't alone in the US, or western world, with the sickening wealth gap problem.
The wealthy do not know what's good for them and we can see they rather let great cities decay, allowing more people around them to be thrown into poverty and homelessness, just so they can accumulate more and more wealth that they have no use for. We've seen this before, many times.
Like in the past, they get away with this when there is no check on their greed and power. Their kind are abundant in governments, they have overwhelming influence on economic policy.
I get what you saying. I just came from New York and the rich areas doesn't look rich. You can't tell the difference from the rich area from the middle class from the working class from the poor. Everything in New York look alike. The Hamptons doesn't even look rich. A few weeks ago I visited some "rich" areas here in St. Louis and I find it laughable. You wouldn't believe the rich areas out here have cracked streets, power lines cutting through the home, no posh retail or privately owned shops, public transportation cuts through the neighborhood, and a block away they have dollar stores. The only thing rich appearing about America's rich is how large the homes are. I guess a neighborhood or area with large homes is indeed wealthy compare to the average lifestyle of the USA. Someone said you live better in the US if you're poor but if you are middle class and rich you'll live better elsewhere. I'm beginning to believe it.
I get what you saying. I just came from New York and the rich areas doesn't look rich. You can't tell the difference from the rich area from the middle class from the working class from the poor. Everything in New York look alike. The Hamptons doesn't even look rich. A few weeks ago I visited some "rich" areas here in St. Louis and I find it laughable. You wouldn't believe the rich areas out here have cracked streets, power lines cutting through the home, no posh retail or privately owned shops, public transportation cuts through the neighborhood, and a block away they have dollar stores. The only thing rich appearing about America's rich is how large the homes are. I guess a neighborhood or area with large homes is indeed wealthy compare to the average lifestyle of the USA. Someone said you live better in the US if you're poor but if you are middle class and rich you'll live better elsewhere. I'm beginning to believe it.
The homes look pretty grotty too to be honest.
And as for one of those 'only in New York' things... people turning up to watch performances at the met opera house wearing tracksuits. I mean really ...
Lowest unemployment, has gone without a single quarter of recession of over 21 years, some of the highest wages and highest quality of life in the world. It combines US-style dynamism and economic freedom with northern European levels of social protection.
the australian economy is dependent on china. australia has a big trade surplus with China, which buys more than a quarter of australia's exports.
Canada is doing better than the is USA but things are still rather sluggish. Personal debt is exploding under the weight of an inflated property bubble, manufacturing is in decline, in part due to our now much higher dollar due to international instability and increased resource extraction in the West, and the economy is only growing at like 2% a year. Canada's economy is chugging along cautiously, but it's fraught with dangers and it's really only doing mediocre. The US and Canada are each each other's biggest trading partners, and when they're doing poorly it affects our economy because it means they're no longer able to purchase our exports.
Actually, A majority of Canada's economy is dependent on trade and investments with the USA. While only a tiny percentage of the US economy is dependent on trade and investments from Canada.
Largest doesn't equate to best, why is that so hard to understand?
I know.....the link was not based on largest why is it so hard for you to understand that?
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. The only thing rich appearing about America's rich is how large the homes are. I guess a neighborhood or area with large homes is indeed wealthy compare to the average lifestyle of the USA. Someone said you live better in the US if you're poor but if you are middle class and rich you'll live better elsewhere. I'm beginning to believe it.
