monk222: (OMFG: by iconsdeboheme)
“For the first time in recent history, the average Canadian is richer than the average American.”

-- Stephan Marche

So, what is supposed to be the big advantage in America's more ruthless capitalism? Of course, it is that the rich are richer in America - yay for freedom! Good for the rich, but what about us? To which the rich would say, "What about you?"

In the linked article exploring the issue, it is noted that, in terms of median income, America actually trails behind every developed nation in the world except Sweden and Denmark. Moreover, "The UK, Japan, Italy (!) and Australia more than double the U.S. median." I love the exclamation mark next to Italy. Seriously, this makes me wonder about the statistic. I tend to think of Italy has being a little third-worldish, but they actually double our median income figure!? I guess America may be even more third-worldish.

One could wish that this would administer a wake-up call to Americans, that we are not the best and richest in the world, like a rude electric shock, but I am afraid that they would say this is what happens when you elect a socialist Kenyan to the White House, and that we need to favor the rich even more! Well, this is why I cannot take politics very seriously anymore, regarding it as the tragic theater of the absurd, as with life in general.
This account has disabled anonymous posting.
If you don't have an account you can create one now.
HTML doesn't work in the subject.
More info about formatting

Profile

monk222: (Default)
monk222

May 2019

S M T W T F S
    1234
567891011
12131415161718
19202122232425
262728293031 

Style Credit

Expand Cut Tags

No cut tags
Page generated Jul. 18th, 2025 08:41 am
Powered by Dreamwidth Studios