since the US economy is about to collapse due to the Bush tax cuts and *gasp* privatization, what economy in the world is better than ours now? Canada? Germany? Sweden? North Korea? Japan? Cuba?
2007-06-09 12:50:55 · 21 answers · asked by Anonymous in Politics & Government ➔ Politics
neuromansuperhero, we've had at it before? I don't even recognize your avatar or name. Comments were not taken personally at all. I enjoy all diverse opinions geared towards helping America
2007-06-09 13:21:47 · update #1
Your ignorance is showing. The tax cuts did not help the average working person. If you make upwards of $300,000 then congratulation, you benefited. The middle class has to pay extra taxes in order to help the rich, and also the poor. And how do you feel about all the money spent on corporate welfare. Who do you think pays for that?
Yes, all of the above economies are in better shape than ours.
2007-06-09 12:56:56 · answer #1 · answered by lcmcpa 7 · 6⤊ 10⤋
Matt, we have our go-rounds before, so let's have at it with this one.
Yes the economy is doing very well. Investors and corporations are making fistfuls.
Unfortunately we are losing mid to upper level jobs to foreign outsourcing and the generation that is being born now, for the first time in US history will have a lower standard of living than their parents. The majority of job creation in this country is in the service industries, and there is a 565% increase in individuals working more than one job.
Employers reduce hours to less tahn 32 per week, thus negating the need for your poor corporate buddies to pay for that nasty old expensive healthcare.
Silicon Valley has all but dried up, it's basically moved to India. The textile industry that was the finest in the world in NC have moved and left behind lots of folks who no longer show up on the unemployment roles, and of course manufacturing jobs are almost non-existent. We can't make ANYTHING, except for love and take out pizza.
Given the way that both Republicans and Democrats have betrayed their own countries, you will soon see the US the way that the elitists would like. An ownership and investor class and a bunch of peole living in shacks serving them.
You are a good man, Matt. Don't take my remarks personally.
2007-06-09 20:13:44 · answer #2 · answered by neuromansuperhero 2 · 3⤊ 1⤋
First off, although I oppose most of Bush's economic policies, I don't think anyone would describe me as a liberal crazy.
That being said, the question at hand is what should the economy do? If we want a market that creates enormous amounts of wealth, but has absolutely no way to regulate the distribution of that wealth, than free market capitalism is the way to go. If we are concerned with the distribution of wealth and thus want an economy that promotes community based ideals, then we would look at a more socialistic economy. I don't know if there is an economy in the world better than the US, but I don't think we should be trying to compare ourselves to any other country in the world. There really aren't any with the same type of history, status, and culture of the United States. It's not that other countries have better economies than us, it's that we aren't reaching our own economic potential.
I personally am a fan of more community-friendly economics which focuses on an appropriate distribution of wealth over the creation of wealth. However, economic stagnation depletes a nation's ability to maintain that distribution, so I think that a mixed economy with more communitarian leanings is ideal.
2007-06-09 20:02:49 · answer #3 · answered by Eudaimon 2 · 2⤊ 6⤋
You forgot Equatorial Guinea with a growth rate of 18.9%, Cambodia's is 13.4%, China with a growth rate of 9.2%, India's is 8.5%, Russia's is 6.6%, Ireland with a growth rate of 6.5%, Vietnam with a growth rate of 6.0%, Sudan with a growth rate of 5.6%, Philippines is 5.4%, Chile with a growth rate of 5.2%, Egypt has a growth rate of 5.7%, Guyana with a growth rate of 5.0% and Myanmar with a growth rate of 4.8%, Thailand's is 4.8%, Hong Kong's is 4% Now US growth rate is 3.4%. Canada's economy growing at 2.8% is closely tied to that of the US. Cuba's is tied to US keeping it out of free trade agreements still its economy is growing at 7.5%, Japan's is tied to failure to keep competitive with China and rising cost of its products to the US is like Canada limping along at 2.8%. Germany is 2.2%, but Sweden 4.5% and South africa 4.5% surpass the US's 3.4% growth rate. Anyone reading your list of economies will note your selective nature. Should I go on? Don't you think it embarrassing that just about every "communist" economy,excepting North Korea--China, Vietnam, Cuba and the ex communist state of Russia-- has a growth rate higher than our own? Even Mexico has a growth rate of 4.5%. At that rate in a few years Mexico will be complaining about illegal immigration southward from all those unskilled Americans. (I am joking to make a point)
2007-06-09 20:45:38 · answer #4 · answered by Orv 3 · 0⤊ 0⤋
And is this wonderful economy of ours benefiting the majority or the few? If it's so great how come home foreclosures are at an all time high, the national debt, trade deficits, gasoline, health care, medicine....getting my drift? The DOW does not measure the economy, it measures the health of thirty companies which are moved in an out of the DOW. Our economy looks healthy but one or two knocks and it all comes down.
2007-06-09 20:12:21 · answer #5 · answered by Anonymous · 3⤊ 3⤋
I don't think it's collapsing... but it's not as strong as it could be...
sorry we want the best?
anyone could just cut taxes and go on war spending during a war and coast along ballooning the debt... it's really not a feat...
and oh, to answer the question... none... but we've been stronger than all those for years, often several times stronger...
where do you guys get this laughable rhetoric?
"North Korea of the west?" are you even trying anymore? anyone with half a brain is going to laugh at half of these answers?
2007-06-09 19:59:12 · answer #6 · answered by Anonymous · 3⤊ 4⤋
Matt, I love your questions!
These people who expect 'equality' and think that the greatest thing in the world is to anticipate that a publicly financed governmental trough will take care of us all and create happiness, are all tokers. They have to be because reality escapes them.
None of the countries that you've listed are even close to being what our country is!
2007-06-09 20:08:57 · answer #7 · answered by Anonymous · 4⤊ 4⤋
by far its Cuba & Venezuela... come on ... everyone knows this... if you deny it.. your obviously an EVIL NEO-CON.... catchy... i mean chevy chase said it.... "Socialism Works... Cuba is a Sign Of That". Down with Capitalism, Down With IMPERIALISM VIVA EL CHE!!! fckin retards...
i love how liberals act like President bush came out one day... and said "Im Going to give tax cuts to the rich and only the rich" screw everyone else.... i mean, where is your common sense... the tax cuts are for all americans... i received a $1300 check with those tax cuts and im far from $300,000.
2007-06-09 19:56:57 · answer #8 · answered by Aldo G 2 · 7⤊ 4⤋
Cuba. Everyone is equally broke and miserable.
They do not consider this.
I will enjoy the answers
2007-06-09 20:10:51 · answer #9 · answered by GOPneedsarealconservative 4 · 4⤊ 3⤋
JFK, Jefferson, and FDR were unabashed liberals, were they crazy?
2007-06-09 20:39:41 · answer #10 · answered by Anonymous · 1⤊ 0⤋
China
2007-06-09 20:01:51 · answer #11 · answered by Anonymous · 0⤊ 5⤋