What a great way to destroy the work ethic that made America great.
In 100 years El Salvador will be one of the wealthiest countries in the world and the USA one of the poorest. Look what happened to Argentina in 100 years.
You are viewing a single comment's thread from:
The welfare cliff has been a thing for a long time. It's just been exacerbated recently.
It's hard for me to see the US turning into Argentina. It's just so big and has so much wealth and productive capacity. The US could definitely turn into a has-been like the UK though.
Posted Using LeoFinance Beta
100 years ago Argentina was one of the wealthiest countries in the world.
It was "so big and had so much wealth and productive capacity".
https://theeconomicstandard.com/argentina-from-rich-country-to-poor-country/
Socialism and the political instability it brings can destroy a country.
Read about what happened in Argentina and see if you don't see familiar things happening in the US today.
Yeah, I hear what you're saying. I just don't think the US will go down the path that far.
Posted Using LeoFinance Beta
Not even close.
The United States has the advantage, as Neal was saying, of productivity. The work ethic required to work crap jobs is not really a work ethic but human slavery. It was only going to be a matter of time before Neal was placing his order to an automated order taker at McDonalds as compared to a human.
Corporations have been trying to get rid of people for decades. Now they have the incentive and political cover.
Posted Using LeoFinance Beta