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Greatest economy in the World
BillieTheBot
Posts: 8,721 Bot
It is interesting to compare the money being spent on Iraq and other ventures by the US government with their poverty figures.
The number of people living in poverty has risen 12.7% and now 37 million people in the US live in poverty, which is by my calculation about 12% of the whole population isnt it?
http://news.bbc.co.uk/1/hi/business/4198668.stm
The number of people living in poverty has risen 12.7% and now 37 million people in the US live in poverty, which is by my calculation about 12% of the whole population isnt it?
http://news.bbc.co.uk/1/hi/business/4198668.stm
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Smart arse.
I guess I was just expecting maybe a little more than a statistical correction, tis your 'home land' after all isnt it.
Your question was of a statistical nature, thus was my answer.
Yes, I suppose my question was, though that was more meant to be retorical and the main point to be that there has been another increase in poverty even though the US is getting richer and richer.
Certain select elites and elite interests are getting richer, as they long have. The average citizen however is bearing an ever increasing burden of the wanton extortion fuelling that further enrichment.
Also remember that, as has been pointed out already, much of the nationalistic self aggrandisement is built on a tenuous global central banking system of debt and dollar hegemony. As soon as the EU and China stop sucking on that teet, find the balls to tell Washington where to stick it and pursue a global Euro policy, that house of cards will come crashing down in short order.
Agreed. The worrying thing is what they will then do to get it back.
Bloody disgrace. US has always had a poverty problem though. It looks unlikley that it wil be fixed, either.
They will by and large return to impverishment, although the vast bulk were drawn from that segment of society to begin with.
So they could at least repay you when you get back?
Edited to add: Do you really think that an administration comprised of the biggest collection of chicken hawks - who played their elite privilege card to avoid serving in Vietnam - gives a rat's ass about the soldiers they send to fight and die to secure their interests? Please... :rolleyes:
I meant there is more and more money washing about in the country, but then those at the bottom are normaly ignored.
There is alot of the currency leaves the country and never returns, like Russia using the Dollar pretty much as its main currrency. There are loads of notes out there getting used. If it all returned home, it is thought the value of the dollar would plummet. As it comes home, the value drops.
The "More Money" is a bit of an illusion. It is also getting worth less and less, not the value of the dollar falling. Your £5 isn't worth what it used to be.
Which is the problem the US government faces with oil producers switching to the euro. Once they switch, everyone else will follow. All those dollars would be sent back home, with one of two consequences.
1) The dollar becomes the worthless paper it really is and inflation sinks the country.
2) The americans bite the bullet and refuse to honour theit debts, declare war or put up the diplomatic curtain.
Neither is good for obvious reasons. I am putting money (not dollars, natch) on no.2.
Of course their is always
3) Admit the fraud, apologise and make amends in whatever way they can, both to their own people and those of other "nations".
The fact that this is so unlikely gives you a clue as to why "government" is the most evil thing in existence.
Because it's actually still representative money to a large extent. Good word by the way. It also means hard, so why would they swap from a soft fiat currency to a hard one that retains it's value? hmmm pretty obvious to me.....
Also because it's the only brake anyone has on american imperialism. Unlike yourself, lots and lots of people fear and distrust the "US" and are glad to have anything they can use to keep them off their shores. Being bombed and robbed tends to do that to people.
One good thing about the states, is that they honour there men in uniform, unlike here.
Like the skint, homelss Vietnam veterans dieing on the streets. They honour who whilst you are fighting and winning. Otherwise you can fuck off and die, in their eyes.
Al, one need not go back as far as Vietnam to see the hollow regard Washington has for its MIC fodder. Tens of thousands of continually ignored personnel are presently lining hospital beds with permanent disabilities thanks to the latest act of illegal aggression for profit and control.
A shame they believed in the false promise of bogus "patriotism".
P.S. Shame though that George W. Bush hasn't found time yet to attend the funeral of a single soldier killed in Iraq and do some honouring of his own...
US FREE MSRKET CAPISTLISM RULEZ.
I assume that it is relative poverty, not absolute and if so it is no surprise that poverty increases when growth is high......
you can't eat tyres.