Idaho wrote:Candidone, I guess it's all a matter of perspective. The average American welfare recient owns a car, a television (or 2 or 3), lives in more square footage than your average Parisian (not just the welfare, but all of Paris), many are overweight (not starving), pay for cable television (but not insurance), have access to the same schools everybody else does, etc. That's hardly the definition of poor in a 3rd world country. Insurmountable personal debt? Mostly self-inflicted. Insurmountable national debt? - Nothing is insurmountable. Certainly higher than it should be by a long shot, but we can certainly do something about that - spending cuts across the board would be a great start!
Yeah...that's my point. The wealth of a nation shouldn't be by how overweight their residents are, how many TV's they own, how they de-prioritize things of importance (like insurance) and buy things that make them feel good (like fast food and cable TV).
I never once claimed that Americans on the whole were poor. Almost 36 million Americans live below the poverty line, a stat that has been steadily increasing over the past three years.
http://www.washingtonpost.com/wp-dyn/articles/A35175-2004Aug26.html
But if you want to compare the US to a third world country, I can't argue with that. I thought Americans had higher standards by which they compare themselves.
A $7 trillion dollar debt with each American "owing" $25000 to settle it (many of which are below poverty lines, too young to earn a living, disbled, retired etc...), I don't see how you can deny that it is insurmountable.
http://www.brillig.com/debt_clock/
Bush just cut taxes, and with him in office for another 4 years, I can't see spending cuts in the United States' near future.
**edited to make links operative**