10 Poorest Cities in America in 2019

Discussion in 'Wall St. News' started by dealmaker, Oct 15, 2019.

  1. dealmaker

    dealmaker

  2. zdreg

    zdreg

  3. lindq

    lindq

    dealmaker likes this.
  4. easymon1

    easymon1

  5. zdreg

    zdreg

    In China you work or you starve.
     
  6. copa8

    copa8

    What's next? Compare it to India, Rwanda, Belarus? Anyway, is it really an apples to apples comparison - US being a developed/advanced country vs China being a developing one?
     
    GRULSTMRNN likes this.
  7. speedo

    speedo

    Those Texas towns and maybe the California ones have large Hispanic populations who are largely paid in cash for their work (generally hard workers) and is not reported. Much of that cash gets sent back to Mexico.
     
    dealmaker and Clubber Lang like this.
  8. Not true, some reported numbers do not include benefits such as transportation and often even housing that is paid aside salary in Shanghai. The total avg salary and benefits are higher than the salary plus benefits of the poorest cities in the US.

    Anyway, it's a stupid comparison to compare the US with China. Is that your benchmark? Equally it's stupid to compare social market economies like Switzerland or Germany and their concepts that collide with pure capitalism and treat them like Venezuela. My favorite line of stupidity often touted by conservatives in America is how bad socialial market economic principles are. "look at Venezuela". Lmao. Why not look at Germany or Switzerland or Holland or Scandinavia Japan or a host other countries that score way higher in terms of happiness, education, literacy, welfare, living standard.

     
  9. #10     Oct 15, 2019
    GRULSTMRNN likes this.