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Article #632495

Re: It Must be Told Yet Again! (was: Gentlemen, It Must Be Told! - RETRY)

#632495
From: Anonymous
Date: Tue, 31 Dec 1996 00:00
45 lines
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In article <5abfd3$c...@news1-alterdial.uu.net>, allan
allan@allan.or*> wrote:

> what is the definition you are using for "poor"?

Anonymous responds:

The U.S., once the world's greatest creditor nation, is now the
world's greatest debtor nation.

The total asset value of the United States is a small fraction
(app. 25 percent) of the total debt of the country.

A large percentage of children in the U.S. live in poverty, as
do more and more households.

Wages in the U.S. are no longer at the top of the list; they now
rank 14th worldwide, and according to economists, U.S. wages are
dropping with no end in sight.

The trade surplus of the U.S. switched to a trade deficit which
regularly hits new monthly highs.

If you were to combine all public and private debt of the U.S.
and calculate per capita net worth you will probably see that
it is negative to a great extent.  You would be hard pressed to
find a Haitian with such a low, negative net worth.

The U.S. is morally bankrupt.


> where did you gather the statistics draw this conclusion, please cite
> specifically, and preferably reputable sources (after all you claim i
> can use this garbage for a term paper)?
>
> using your definition, what are the world`s 5 richest countries, and the
> 5 poorest?


I don't write term papers for anyone.  The finished product that
other people claim as their own work is strictly their responsibility.

I've just completed your assignment to MY satifaction.  If you
want more, LOOK IT UP YOURSELF!
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From: Anonymous <non-...@mailmasher.com>
Subject: Re: It Must be Told Yet Again! (was: Gentlemen, It Must Be Told! - RETRY)
Date: 1996/12/31
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