America is living on credit with the deficit as it is now. Bankrupt would be the proper term.
http://www.uuforum.org/deficit.htm
2006-09-30 05:39:52
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answer #1
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answered by Kemo Sahbe 2
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Honestly I think you must say it was slavery (free labor) and land stolen from Native Americans... so "free" land compared to places like Europe. Then there was a relatively advanced technology Europeans brought into the mix. And Dictator Dumbya is squandering ALL the wealth of the USA. Down with Dictator Dumbya!!!
2006-09-30 06:07:19
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answer #2
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answered by rhino9joe 5
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The use of slave labor. Slavery was an economic conspiracy between the north and south. Many people became rich this way.
This practice is still used today by the corporations of this country. Slave camps in china that make up much of the consumer goods purchased in this country.
2006-09-30 05:41:48
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answer #3
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answered by Anonymous
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We allowed the middle class to grow, up until the Reagan era, it worked well as innovators and hard workers came here to make their fortunes. When you have a society like we have now that is run for greed there is no way to go but down.
2006-09-30 05:37:15
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answer #4
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answered by Anonymous
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We allow for innovation and reward those who do.
Reference-
Low tax rates relative to the rest of the world
Patent law that is effective
Abundant natural resources
Having the ideals of democracy and capitalism ingrained
Desire to participate in the "American Dream" and become rich
And many more
2006-09-30 05:40:12
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answer #5
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answered by I am all that is man 2
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It has become rich and powerful because of a land rich in natural resources (taken with much bloodshed from the natives) and because of a small minority of brilliant scientists and intellectuals who are held in contempt by the majority who take advantage of their achievements.
The American denial of global warming is an example of their contempt for their own scientists.
2006-09-30 05:39:19
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answer #6
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answered by JKL 2
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Agree 100% with what JasonL UK said.
Leave it to someone from the UK to know way more about america than Americans do.
2006-09-30 05:42:40
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answer #7
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answered by Anonymous
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The complete Massacre of Native Indians and lieing.
2006-09-30 05:38:34
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answer #8
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answered by Anonymous
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Because we don't pay for everything. Like free health care, welfare, so on so fourth. Our citizens have more income to spend on domestic prducts which results in economic growth.
2006-09-30 05:46:06
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answer #9
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answered by Anonymous
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Probably the California gold rush back in the 1800's
2006-09-30 05:38:32
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answer #10
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answered by Dr. Nick 6
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