USA is sinking into 3rd world status

Discussion in 'Economics' started by MohdSalleh, Aug 9, 2010.

  1. roads no longer able to be completed, power cuts. The fringes have started to deteriorate and the core will be affectedsoon.

    http://www.nytimes.com/2010/08/09/opinion/09krugman.html?_r=2
    America Goes Dark
    By PAUL KRUGMAN
    Published: August 8, 2010

    The lights are going out all over America — literally. Colorado Springs has made headlines with its desperate attempt to save money by turning off a third of its streetlights, but similar things are either happening or being contemplated across the nation, from Philadelphia to Fresno.

    Meanwhile, a country that once amazed the world with its visionary investments in transportation, from the Erie Canal to the Interstate Highway System, is now in the process of unpaving itself: in a number of states, local governments are breaking up roads they can no longer afford to maintain, and returning them to gravel.

    And a nation that once prized education — that was among the first to provide basic schooling to all its children — is now cutting back. Teachers are being laid off; programs are being canceled; in Hawaii, the school year itself is being drastically shortened. And all signs point to even more cuts ahead.

    We’re told that we have no choice, that basic government functions — essential services that have been provided for generations — are no longer affordable. And it’s true that state and local governments, hit hard by the recession, are cash-strapped. But they wouldn’t be quite as cash-strapped if their politicians were willing to consider at least some tax increases.

    And what about the economy’s future? Everything we know about economic growth says that a well-educated population and high-quality infrastructure are crucial. Emerging nations are making huge efforts to upgrade their roads, their ports and their schools. Yet in America we’re going backward.
     
  2. But they said they'd use the money from TARP for infrastructure and stuff...
     
  3. colorado springs is going broke because it is a religious mecca. they have let so many churches move into that town that they have destroyed the tax base because churches are tax exempt.


    Although houses of worship of almost every major religion can be found in the city, Colorado Springs has attracted a large influx of Evangelical Christians and Christian organizations in recent years. At one time Colorado Springs was counted to be the national headquarters for 81 different religious organizations, earning the city the tongue-in-cheek nickname "the Evangelical Vatican"[41] and "The Christian Mecca"[citation needed]. Religious groups with regional or international headquarters in Colorado Springs include: the Association of Christian Schools International, the Christian and Missionary Alliance, Compassion International, Focus on the Family, HCJB, the International Bible Society, The Navigators, the Roman Catholic Diocese of Colorado Springs, WAY-FM Media Group, Andrew Wommack Ministries, and Young Life
     
  4. Yeah, thanks to "print more, tax more, inflate more bubbles" people like Krugman.
     
  5. BSAM

    BSAM

    We need to walk into Mexico, take it over, then grant the USA to those who walked over here. Then, we'll build a new and better constitution in the NUSA. (New United State of America)

    Would solve a lot of problems for both sides and we could eliminate our third world status.
     


  6. When the day comes and secession hits, I wonder which one of the new suzerains would qualify as a first world country? Whichever it is, its going to be surrounded by a bunch of countries with illegal aliens trying to cross the border non-stop.

    :D :D :D
     


  7. Mexicans will be chanting, "who be the wetbacks now, karnal?"

    And the gangbangers from East LA will be walking around saying, "this is some fcked up shit, Holmes!"

    And the blacks all over the old US of A will be walking around with big smiles on their faces singing, "praise the lord" non-stop!

    :) :D
     
  8. The Citizens of Rock Ridge wanted to take the country back..... to 1910.

    And speaking of lunatics, is Aqua Buddha a major or minor deity?
     
  9. Wow what a sensationalist headline.

    The USA sinking into 3rd world status is a joke. It's embarrassing how some people think they have it sooo bad....

    Let's ask some real 3rd world countries if they think the USA is slipping into their status and see what they think. You poor Americans...
     
  10. It's very hard to have the mental power to acknowledge your own country is slipping away.

    Ask an Italian, Spanjard, German, Japanese or American where they think life is best and where it is worst and many will chose their own as the best.
     
    #10     Aug 10, 2010