Recent Editorials

Reader comment on:
Making the U.S. More Competitive

Submitted by thomas riccardo, May 22, 2007 21:15

The European Union has created almost 20 million new jobs since 1998 and continues to produce jobs at an annual rate of 3.5 million.

The EU is the world's largest exporter, exporting over 2.2 trillion dollars worth of Merchandise and Services around the world dwarfing US exports.

WIth all this talk about how great we are doing why don't you tell the folks the real number?

America is the world's largest Debtor and we owe Europe and Japan most of the money, they are buying up our assets(10 trillion) with the US Currency they receive from selling us their goods and services.

The EU and Japan are both the World's largest Creditors and will remain so in the future.

America has 30% of the world's Correctional Population(Prison,Parole,House arrest,etc)

Why?

The US Correctional Population has grown 800% since 1980 with over 8 million in the Correctional system or 7 times Europe's per Capita Rates.

Why?

Gini Index clost to 50.

Why?

Healthcare system rated 37th.

Why?

France is number 1 by the way!

The average US citizens life expectency compared to other Nations is ranked 47th in the world.

Why?

At one time we were in the top 5

The US has over 50 trillion dollar worth of debts throughout it's economy and rising 3.5 trillion yearly.

In 2006 the US GDP increased 600 billion or so and we added an additional 3.5 trillion in debts, a 6 to 1 ratio. Before the 1980's the ratio would have been 1.79 to 1!

Why?

Why is our College education the most expensive in the world?

Why is our Healthcare the world's most expensive?

Why has our inflation rates exceeded most of our main economic competitors over the last 25 years?

Why has the US Genuine Progress Indicator declined since 1979 while Europe and Japan has improved?

Why do US citizens work the most hours, receieve the least vacation time and their pay/benefits in 2006 were ranked 20th by the Mercer Survey?

Why is the Eurodollar around 1.35 at present compared to the US dollar?

Why is the EU economy worth 14.5 trillion Euros, if you want to convert to US dollars what would that equal? Around 20 trillion US !

European Stock markets and Property markets have averaged higher returns compated to the US over the past 10 years.

Why?

Why are 80% of US citizens losing economically?

Why did we not Sign the Kyoto treaty?

Why for every GDP dollar of Growth is Europe 50% more energy efficient then the US and Japan is even more efficient then Europe?

Why?


Note: Comments are screened, and in some cases edited, before posting. We reserve the right to reject anything we find objectionable.

Other reader comments on this article

Comment By Date

The European Union has created almost 20 million new jobs since 1998 and continues to produce jobs at an annual...

thomas riccardo

May 22, 2007 21:15

Comment on Making the U.S. More Competitive

Name
Email Address
Title of Comments
Comments:

Note: Comments are screened, and in some cases edited, before posting. The New York Sun reserves the right to reject anything found to be objectionable.

Would You Like to Become a Sustaining Subscriber of the Sun? Sign up now

* Inquire about the Sun Seminars

Sustaining Subscriber Login

Follow The New York Sun

Facebook    Twitter    RSS    Join Mailing List

Buy China Wholesale Products on DHgate.com

For Vegas Show tickets, shop ShowTickets.com

Hamptons Estate Agents

Made-in-China.com

Make sure your dresses are beautiful

Planning an Orlando Vacation? Visit Best of Orlando!