OT: Our Economy (US)

Askan Nightbringer · #1 April 8th, 2002, 04:02 PM

Well put Dogscoff.

On the question about the benifit of economic growth here's what the CIA web site says at the what's happening in the USA. (http://www.cia.gov/cia/publications/factbook/index.html)

Quote from under the heading of Economy - Overview

"The onrush of technology largely explains the gradual development of a "two-tier labor market" in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. Since 1975, practically all the gains in household income have gone to the top 20% of households."

Now as an interesting side note the CIA website also describes the United Kingdom as a cold little island somewhere east of New York, known mainly for its breeding of lousy cricket players and that angry woman who sank the Argentinian boat.

Unfortunately it labelled my country as being reknown for claiming New Zealand born superstars as their own. Bugger.

Askan

Growltigga · #2 April 8th, 2002, 04:09 PM

I second that, well said indeed Dogscoff

quote:
Originally posted by askan:
a cold little island somewhere east of New York, known mainly for its breeding of lousy cricket players and that angry woman who sank the Argentinian boat.

Hmmm, I don't believe this is from the CIA, I would not have thought north americans knew what cricket was other than that anthropomorphic personification seen on Pinochio - Askan, you are Australian are'nt you?

dogscoff · #3 April 8th, 2002, 04:19 PM

Askan - that's a really good site. Thanks=-)

oleg · #4 April 8th, 2002, 04:24 PM

Hmmm, how can people still think that George W.Bush is for free market and low taxes ?

Less than a month ago he raised taxes on imported steel by 30%, only because US steel industry can not compete with EU and Japan. Guess who will pay for more expensive american steel? USA consumers.

Askan Nightbringer · #5 April 8th, 2002, 04:52 PM

quote:
Originally posted by Growltigga:

Hmmm, I don't believe this is from the CIA, I would not have thought north americans knew what cricket was other than that anthropomorphic personification seen on Pinochio - Askan, you are Australian are'nt you?

The CIA guy who wrote the UK page didn't put it that bluntly but it was an impression I think the author was trying to convey.

And your quite astute with my nationality...your not from MI5 or something? I promise I voted for the Queen. Honest

Askan

Growltigga · #6 April 8th, 2002, 05:05 PM

quote:
Originally posted by askan:
your not from MI5 or something? I promise I voted for the Queen. Honest

Askan, your card is already marked and you are being watched as a republican sympathizer

I would start noticing the shadows round you if I were you

be afraid, be very afraid

[ 08 April 2002: Message edited by: Growltigga ]

tesco samoa · #7 April 8th, 2002, 05:54 PM

Capitalism and the American Version are two very different systems. The american system is closer to socialism than capitalism.

Humm too many ismmmmmm/s