A Lou Dobbs induced orgasm | 53 comments (53 topical, 0 hidden)
thank you for the Canadian perspective (none / 0)
Read this and try to understand it. The U.S. Government is no more or less captive to special interests than it has been throughout history. The business of America is business.

by KenTX on 05/09/2008 01:27:58 PM EST

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@KenTX (none / 0)
@ KenTX

The business of America is business.

That goes for EVERY COUNTRY IN THE WORLD, do not forget that the state is really the executive committee of the capitalist class. The difference is that corporate interests in America are so powerful due their size they control cause a lot damage internally and externally. Also, the difference is which corporate interests are in control, back in the Golden Age it was more industrial capitalism and thus producing goods and jobs, now its FIRE which does neither and depends on debt.

I would also say that American business is FAILING, look at America's GDP as a percentage of world GDP its going down rapidly, stock market valuation relative to the world it is also declining. The only place where the US is rolling ahead is in debt accumulation. America, if its a business, is bankrupt.

Blog: http://perspectivos.blogspo t.com/

by Nick86 on 05/09/2008 05:00:07 PM EST

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facts to consider (none / 0)
Everyone knows the emerging economies of China and India are growing at explosive rates as a result of low labor cost.

But let's compare the U.S. economy with that of Europe or Canada or some other non-emerging economy. Who is doing better?
laugh this off

by KenTX on 05/09/2008 05:17:34 PM EST

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National income inequality narrowing (none / 0)
...look at America's GDP as a percentage of world GDP its going down rapidly...

Many countries have a lot of room for growth. It's not a bad thing that world GDP is growing faster than America's.

by Twba on 05/09/2008 05:19:42 PM EST

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A Lou Dobbs induced orgasm | 53 comments (53 topical, 0 hidden)