by Sixstrings » Thu 04 Aug 2011, 10:00:19
$this->bbcode_second_pass_quote('AgentR11', 'A')merica isn't uniformly like any particular European country, and I'm not quite sure that sentence evokes anything other than a generic, placid image of a middle class, salaried professional, having a pleasant lunch, at a sophisticated sidewalk cafe, in a spiffy part of Paris.
Would that be so bad? A large, fat and happy middle class having pleasant lunches in pleasant cafes in spiffy towns that aren't a frickin' EYESORE? I know we're all peak oilers, but let's not support politics that lead to Third World living before it's necessary.
About the GDP.. our closest "peer" would be the Eurozone as a whole:

When I look at that pie chart, I find it hard to understand how we supposedly lack money in this country and have to start prepping for jeepnies / beans and rice served on a banana leaf, and de-regulate everything and stop taxing rich plus dismantle the little social safety net we have. Agent,
I think it's more like our ratio of rich to middle class has gotten of whack:
In terms of the Gini index of wealth inequality, then yes the third world is our peer. Look at the red countries.. South America, China, the African bush and us.
You make good points about structural differences, But Canada is right in line with Europe in terms of equality yet Canada looks like the US doesn't it? They have the same stores and crap we do, highways and happy motoring too.
Nice post by the way, and yes Europe looks different as far as smaller cities, businesses, villages and more compact -- but those aren't the reasons for the income inequality in the US.
The inequality we have here is by choice, this what happens when you vote for guys like Reagan, Bush, Clinton, Bush, Obama.