Tuesday, September 13, 2011

15.1% USA Poverty

The people in the United States of America are living at their poorest since the census bureau starting counting in 1959.

http://www.bbc.co.uk/news/business-14903732

http://bottomline.msnbc.msn.com/_news/2011/09/13/7742437-poverty-rate-hits-18-year-high-as-median-income-falls

That's just pathetic, though not surprising.  The dip in American standard of living has been a long time coming and the nation will probably never reach it's height of power and wealth again as the State it currently is.  The stimulus suggested by the US president is a start: it's better to do something rather than nothing.  "Small business" ventures might be the way to go in the near future, providing more jobs and local products.  That, though, would also required a forced change in American thinking.  Instead of going to Walmart for everything, people might have to be "persuaded" to WALK to the local downtown area, visit several shops, and collect the goods they need for the coming week.  What if there is no "local downtown" in your area?  That's where the new small businesses come in.  In order for this to work, though, people have to be willing to put for effort and not expect handouts.

In short, I expect things to get much worse before they get better, but never "best" again.

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