Poverty Calculator....

5fish

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actually the uk is no longer a member of the eu - neither are switzerland, canada and australia (especially the latter would be a bit of a problem)
I did want to write out the word European country... So I pick up EU...
 

rittmeister

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I did want to write out the word European country... So I pick up EU...
canada? australia? i hope your job in the navy was not in the navigation department
 

5fish

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A quote:

Herman Melville
“Of all the preposterous assumptions of humanity over humanity, nothing exceeds most of the criticisms made on the habits of the poor by the well-housed, well- warmed, and well-fed.”

― Herman Melville
 

5fish

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Here is a motion...

George Mason University economist Tyler Cowen explains in a Foreign Affairs article that, “In the medium to long term, even small changes in growth rates have significant consequences for living standards. An economy that grows at one percent doubles its average income approximately every 70 years, whereas an economy that grows at three percent doubles its average income about every 23 years—which, over time, makes a big difference in people’s lives.”
 

5fish

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Here a site average GDP since 2000 to 2020... You have to do the math and the average GPD has been 1.5965 %. Based on post #27 our economy will double in 46 years which means people will barely see their standard of living improve in their lifetime... the chart allows you to adjust the year and get a historical view of US GDP growth rates...

 
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5fish

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IT states our GDP has average 3.14 but that is all from the 20th century not the 21th century our kids and grandkids are doomed... the link will allow you to adjust the years and see all out growth was in the 20th century... In the 20th century most Americans saw their wealth double in their lifetimes...

GDP Annual Growth Rate in the United States averaged 3.14 percent from 1948 until 2022, reaching an all time high of 13.40 percent in the fourth quarter of 1950 and a record low of -9.10 percent in the second quarter of 2020.

 

5fish

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We are falling in the ranking of nations...


With a tendency to proclaim excellence rather than pursue it, the peddling of American exceptionalism encourages Americans to maintain a robust sense of national achievement – despite mounting evidence to the contrary.


In its global rankings, the United Nations Office of Sustainable Development dropped the U.S. to 41st worldwide, down from its previous ranking of 32nd. Under this methodology – an expansive model of 17 categories, or “goals,” many of them focused on the environment and equity – the U.S. ranks between Cuba and Bulgaria. Both are widely regarded as developing countries.

The U.S. is also now considered a “flawed democracy,” according to The Economist’s democracy index.


As a political historian who studies U.S. institutional development, I recognize these dismal ratings as the inevitable result of two problems. Racism has cheated many Americans out of the health care, education, economic security and environment they deserve. At the same time, as threats to democracy become more serious, a devotion to “American exceptionalism” keeps the country from candid appraisals and course corrections.
 

5fish

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Here one report about our ranking...


As of 2020, the United States was the wealthiest country on Earth in terms of total GDP, which is nearly 25% of the world's entire wealth.21 The U.S. is both the largest goods importer and the second-largest exporter, making it the world's largest trading nation.127 Additionally, as of 2021, America has the third-largest military in terms of personnel.45 However, despite its wealth and high HDI score, the U.S. has also been heavily criticized for traits more commonly seen in developing nations, such as it being the only developed country without universal healthcare, having a poverty rate higher than any other industrialized nation, and its infrastructure being in severe need of repair and overhaul.128129130 As of 2020, the country's average life expectancy was 77 years from birth, while its infant mortality rate was five deaths per 1,000 live births.26
34
 

5fish

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Here a video showing we Boomers have changed the economics' and I see how I failed as a Boomer... it shows how we age how we change our voting patterns and how ones age explains how one votes...

 
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rittmeister

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