You are right. Child poverty is the sign of a great economy. :apathy:
https://terb.cc/vbulletin/showthread.php?678790-The-Diminishing-American-Economy
Trump second term, will he send the world into an economic crisis?
- Thread starter Ceiling Cat
- Start date
https://terb.cc/vbulletin/showthread.php?678790-The-Diminishing-American-Economy
"It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover? A first-pass answer is never… So we are very probably looking at a global recession, with no end in sight." Paul Krugman of the New York Times the day after the election.
I can't wait to hear the prediction for 2020 from this Nobel prize winner(economics) lmao
No, its a sign of dead beat trashy parents who dont give a damn about their children. It isnt just an American problem, its world wide. If countries stopped throwing their money away to the UN and other unnecessary groups and foundations like housing refugees with no qualifications of any kind, then there would be enough money left over for all.
On another note, keep BUILDING THAT WALL!!!!
It does not exist in other developed countries. Only in shithole countries.
A higher percentage of children in the United States live in poverty(nearly 21%) than the population as a whole. Not only is that level of poverty unheard of in many other OECD countries, it’s unheard of that child poverty rates would be higher than overall rates. Several OECD countries have lower child poverty rates than general rates, including Denmark (2.9% vs. 5.5%), Finland (3.3% vs. 5.8%), Norway (7.7% vs. 8.2%), and Sweden (8.9% vs. 9.1%). The United States also has among the world’s highest rates of elder poverty.
HUH? Can you show me where you found that info? Last I heard, EVERY country has its poor and their children!
You think only Canada and USA have this problem? I dont care about statistics. 1 hungry child in any country is 1 poor child too many. How can you justify your claim? Who comes up with these stats??? What was the demographic made up of?
The Economic crisis began when we left the Gold standard in 1971 ( 1974 for Canada ) and climaxed in 2008. We now live in a World that has 12.3 Trillion in NEGATIVE Yielding Gov't Bonds. Interest rates have never been this low in 4000 years. Correct me if I'm wrong but shouldn't interest rates be rising if the economy is doing so well ? My friend just returned from California. LA & San Francisco is filled with homeless people living in tents. California used to be the 5th largest economy in the World. Now it's a shit hole. Trump didn't start this.
A higher percentage of children in the United States live in poverty(nearly 21%) than the population as a whole. Not only is that level of poverty unheard of in many other OECD countries, it’s unheard of that child poverty rates would be higher than overall rates. Several OECD countries have lower child poverty rates than general rates, including Denmark (2.9% vs. 5.5%), Finland (3.3% vs. 5.8%), Norway (7.7% vs. 8.2%), and Sweden (8.9% vs. 9.1%). The United States also has among the world’s highest rates of elder poverty.
As of 2010, The US Census declared 15.1% of the general population of The United States lived in poverty:
22% of all people under the age of 18
13.7% of those between the ages of 19-21
9% of all people either 65 or older [46]
Ref: https://en.wikipedia.org/wiki/Poverty_in_the_United_States
Recessions are normal and actually healthy aspects of the economic cycle. The Fed seems a bit stubborn in holding short term rates up and could bring a recession sooner.
Is it trolling when people talk about an imminent recession like they are unusual and signs of deficiency in the President? I'm not sure. I do know an uninterrupted ten year uptick in economic activity is very unusual.
Is it trolling when people talk about an imminent recession like they are unusual and signs of deficiency in the President? I'm not sure. I do know an uninterrupted ten year uptick in economic activity is very unusual.
Are your stats "per capita"?
The USA has a larger population than the countries you quoted. What state has the highest child poverty?
So is death, but you don't want to bring that on earlier through stupid actions.
Are you a forum troll?
We've set a record for longest economic expansion. It's not healthy for a large, diversified economy to not have a recession. China is a good example. There are huge imbalances in China that will need to be worked out when the inevitable recession hits. It will be an economic shock.
But China's cool because there in a trade squabble with Trump.
We've set a record for longest economic expansion. It's not healthy for a large, diversified economy to not have a recession. China is a good example. There are huge imbalances in China that will need to be worked out when the inevitable recession hits. It will be an economic shock.
But China's cool because there in a trade squabble with Trump.
I don't think you understand what we are saying.
The economy is not doing great when there are child poverty rates above 20%.
The stock market may be doing well.
Your problem is that you cannot get your mind around the fact that the American economy is not doing well for half of the population.
We all know that the stock market is doing well, and that people fleeing from violence in South America wants to come to USA, etc etc but it is ludicrous to claim that the econimy is doing great when child povwrty is over 20%.
I responded to your thread The Diminishing American Economy. I agree income inequality is a problem and a drag on stable economic growth. We probably don't agree on all the solutions.
I believe economic opportunity is a powerful motivator for Central Americans to come to the U.S. We can argue that, but we're never going to know what was a refugees primary motivation for coming the economy or the violence in their home country. Before you jump on that, activists on the ground have trained many refugees to give the correct responses for asylum.
Getting back on point, this thread is about an imminent economic collapse.
Dow Closes Week Setting New Record Not Seen in over 80 Years
https://www.westernjournal.com/breaking-dow-closes-week-setting-new-record-not-seen-80-years/?utm_source=Twitter&utm_medium=PostTopSharingButtons&utm_campaign=websitesharingbuttons
