francoHFW
Diamond Member
I blame voodoo and Reaganism- Taxes too low, pandering to the rich, failure to invest in infrastructure and education/training. Myopic selfish Pubs and dupes/haters.
"The British journalist Ed Luce, whose book Time To Start Thinking is subtitled America In The Age Of Descent, argues that its failure to invest in infrastructure, research and education has been hugely damaging.
He told me: "The American dream no longer exists. If you compare income mobility, for example, you're twice as likely to move up an income group - up a class - in Canada or Germany as you would in the US.
"You're as likely to move up a class in Britain, and Britain's at the bottom of the league. It's got to stop these trends; otherwise it'll cease to be the America we admire; and I think it's to a large extent already ceasing, or has ceased, to be the America we admire.
BBC News - Is the US caught in the slow lane?
see sig pp1- and thanks for the depression...
"The British journalist Ed Luce, whose book Time To Start Thinking is subtitled America In The Age Of Descent, argues that its failure to invest in infrastructure, research and education has been hugely damaging.
He told me: "The American dream no longer exists. If you compare income mobility, for example, you're twice as likely to move up an income group - up a class - in Canada or Germany as you would in the US.
"You're as likely to move up a class in Britain, and Britain's at the bottom of the league. It's got to stop these trends; otherwise it'll cease to be the America we admire; and I think it's to a large extent already ceasing, or has ceased, to be the America we admire.
BBC News - Is the US caught in the slow lane?
see sig pp1- and thanks for the depression...