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Gasoline prices - another record high/ supply and demand
DSK wrote:
The majority of Americans are moving backwards economically in terms of earnings, and many have lost or are losing good employment, insurance, even their houses. Household income has been growing slower than credit card debt. What does that tell you about the U.S. standard of living? Eisboch wrote: I don't know if the "majority" are or are not, but don't you see the difference in thinking? The average "Joe Swede" looks at an American moving backwards and can't, for the life of him, understand why and may even long for the opportunity that he thinks the American has. Agreed... but the problem is that opportunity being outsourced to China and you probably know more than most about how difficult it is to make any innovation pay off. The fact that the biggest U.S. growth industry for the last 8 years has been lobbying, should say a lot about the US system and opportunity. The fact the so-called conservatives have been in charge most of that time is one reason why I am PO'd at the current gang of "conservatives" in politics. The U.S. is not a fair marketplace and those who shout the loudest about opportunity & free markets are the ones who work the hardest to subvert the rules in their own favor. All that aside, I had a close partner in college who was a Swedish engineering student. Very smart and also had quite a few observations about similarities and differences between the U.S. and America. You'd probably enjoy his perspective on Swedish socialized medicine... almost everything is free, but if you need specialized treatment then you go back after 5pm and be prepared to pay cash. Regards Doug King Who is driving the outsourcing? |
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