I read Reuters regularly, and this gem caught my eye, pulled from the following article:
Inequality in major U.S. cities rivals Africa: U.N.
Is the United States richer than China? If that is the case then why do we owe them so much money? Usually the lenders are considered the rich, not those forever borrowing.
The research also points out that despite the in-equality, the US level of poverty was "relatively much lower" than other parts of the developed world. It also mentions that race was a factor in the inequlity and makes the life expectancy statement above as proof.
So two points off of this:
#1. Considering our colossal budget deficits and huge debts to countries like China, is America truly wealthy or have we merely been "running up a tab" that we are about to have to pay?
#2. Why is the U.N. conducting economic equality studies? Since when is economic equality got anything to do with their purpose. Raising people out of poverty level is important, but why equal?
This article is an excellent example, to me, of incomplete information on something that doesn't actually have any merit to start with as a concept, not to mention subtle continued conditioning that economic equality should be a common goal.
Inequality in major U.S. cities rivals Africa: U.N.
"The life expectancy of African Americans in the United States is about the same as that of people living in China and some states of India, despite the fact that the United States is far richer than the other two countries," it said.
Is the United States richer than China? If that is the case then why do we owe them so much money? Usually the lenders are considered the rich, not those forever borrowing.
The research also points out that despite the in-equality, the US level of poverty was "relatively much lower" than other parts of the developed world. It also mentions that race was a factor in the inequlity and makes the life expectancy statement above as proof.
So two points off of this:
#1. Considering our colossal budget deficits and huge debts to countries like China, is America truly wealthy or have we merely been "running up a tab" that we are about to have to pay?
#2. Why is the U.N. conducting economic equality studies? Since when is economic equality got anything to do with their purpose. Raising people out of poverty level is important, but why equal?
This article is an excellent example, to me, of incomplete information on something that doesn't actually have any merit to start with as a concept, not to mention subtle continued conditioning that economic equality should be a common goal.