Originally posted by lazs2
If you had as vibrant an economy as ours you might feel differently
Whilst the average US standard of living (convertable income) is higher than the UK.......... I do not think that vibrance of economy is so different........... and I believe has little to do with it......
Wealth distribution in the UK is not greatly different a curve as that found in the US its just lower down the x axis........... hence the "wealth motive" as an incentive to crime is IMO much the same........
in fact reading on Bush's latest attempts to stimulate US economy (which is currently falling faster than the UK's) i note that like the UK, the US 's main flywheel is retail sales............. it has always been thus for the US and recently (15/18 years) for the UK.
However US retail sales have never needed propping up in a post war US economy..............(Reagans tax measures were to stimulate votes and government revenue (which Bush senior then had to pay for))............ now Bush junior seems to be doing just that......... very concerning long term when you look at the US national debt per capita compared to other G7's.............
Concerning because the US imports far more goods than it exports, it technology and manufacturing knowhow exports are fueled by its own demand for the goods made by those foriegn customers.
Whilst having massive energy wealth, US consumption of energy is so high the balance is tipped unless energy efficiency is brought to european levels or better. (interms of total KW's per capita)
A dollar in free fall would change the shape of worl politcs considerably............ so yanks..........please keep buying those toys
I digressed.....sorry....US national debt has always worried me...........