| From: tsigprofit | 9/1/2006 12:25:45 AM | | | | | | Heard another interesting piece on the radio today - NPR.
About the American dream - or how well someone with zero assets can do today in America 2006 versus in other countries.
Advancement by merit for a person of merit born with zero assets, versus a person with few skills born with wealth in the US.
Previously, the idea had been that the person would have the best chance in America - but statistics don't bear that out anymore.
Canada, France, Denmark, and I believe Australia - all have a higher "dream score" now than the US in 2006. The US is near the bottom of industrialized countries on that list - the UK is 2nd. If we get rid of estate taxes, we can pass the UK, and end up on the bottom of the opportunity list.
They remarked that the "French Dream" doesn't have the same ring as the American dream used to though lol. |
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| From: tsigprofit | 9/18/2006 1:40:23 AM | | | | | | ZERO - NADA - Private sector US jobs created since 2001 - except in healthcare.
No wonder real people in the US see the economy not as robust, but about as sh*tty as it gets.
Source - the Socialist Business Week!
SEPTEMBER 25, 2006
COVER STORY
What's Really Propping Up The Economy
Since 2001, the health-care industry has added 1.7 million jobs. The rest of the private sector? None
If you really want to understand what makes the U.S. economy tick these days, don't go to Silicon Valley, Wall Street, or Washington. Just take a short trip to your local hospital. Park where you don't block the ambulances, and watch the unending flow of doctors, nurses, technicians, and support personnel. You'll have a front-row seat at the health-care economy.
businessweek.com |
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| To: tsigprofit who wrote (20713) | 9/18/2006 1:45:10 AM | | From: tsigprofit | | | | Perhaps most surprising, information technology, the great electronic promise of the 1990s, has turned into one of the biggest job-growth disappointments of all time. Despite the splashy success of companies such as Google (GOOG ) and Yahoo! (YHOO ), businesses at the core of the information economy -- software, semiconductors, telecom, and the whole gamut of Web companies -- have lost more than 1.1 million jobs in the past five years. Those businesses employ fewer Americans today than they did in 1998, when the Internet frenzy kicked into high gear.
(more from the BW article...) |
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