9 out of 10 Americans Stand Far Above the Rest of the World in Global Income

[1bad65]

As far as I'm concerned those banks should've failed, that was cronyism not capitalism, don't confuse the two.

Grubers aren't up to speed on such things.

[JimRaynor]

Nationmaster is a highly unreliable site, most of their statistics are outdated. Why don't you try using the IMF website, or check out that CIA link, those are up to date and are far more accurate.

http://www.domain.com.au/news/sydney...160420-go9kie/

You can't give me a link to Sydneys housing market and use that as barometer for all of Australia. If you want to play that game would you like to see the median home price in NYC, LA, or San Francisco?

Also your prices are marked in AUD dollars which is 25% weaker compared to the US dollar. Therefore your 750k home is really $560k in US.

In addition bragging about expensive homes is not a positive. If your average bloke can't afford to buy a home or pay his mortgage then that's a problem.

[1bad65]

You can't give me a link to Sydneys housing market and use that as barometer for all of Australia. If you want to play that game would you like to see the median home price in NYC, LA, or San Francisco?

Glad you saw that too.

I was wondering if I'd have to point that cherry-picking out, but you did it. Props.

Keep his feet to the fire.....

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And 9 out of 10 Americans identify as "oppressed" street urchins and throw daily pity parties for themselves because doctors make more money than they do.

You start to see what's wrong with this picture. People can't tell the difference between shallow envy and actual poverty.

[JimRaynor]

And 9 out of 10 Americans identify as "oppressed" street urchins and throw daily pity parties for themselves because doctors make more money than they do.

You start to see what's wrong with this picture. People can't tell the difference between shallow envy and actual poverty.

The simple truth is that the world is far better off today than it was 30 years ago, especially the USA.

In terms of material wealth things have never been better.

[JimRaynor]

Lmao at thinking every capitalist society has a healthy market. Most capitalist countries are failures.

Our country does well because we did an amazing job with trade agreements, and controlling of the worlds resources, and mostly because we have a strong middle class, which is completely struggling and on the verge of collapse right now.

Some aspects of capitalism work for some countries, just like some aspects of socialism work for some countries.

But the idea that capitalism benefits this country is bs.

You seek to keep forgetting that you paid for a bailout for wall street, a bailout which saw bankers make record bonus checks. You paid for it.

That's called corporate socialism, and your about to see am lot more of it.

Your taxes will sky rocket after trump, it's guaranteed. And you can look at your capitalism and corporate welfare as to the reasons for it.

[Zaroku]

Capitalism has turned USA's citizens into the wealthiest on the planet. From 1979-2014 USA's upper middle class rose from 12% to 30%, Rich from .04% to 11%, Middle class decreased from 39% to 32% but that is largely attributed to the middle class moving up to upper middle class, the Lower Middle Class from 16% to 8% and the Poor from 7% to 4%. Poverty rate has also been slashed in half in that time, not only in the USA but in the world as well.

However the fact remains, Capitalism has turned USA citizens into the wealthiest people in the world and it is not even close. Our poor, are equivalent to the worlds middle/upper middle class.

So next time some dummy communist on this board or else where in life tries to convince you that socialism or communism is the way to go, make sure to point these stats out to him.

http://www.pewresearch.org/fact-tank...-middle-class/

http://money.cnn.com/2016/06/21/news...-middle-class/

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[BM dnobagaV]

Red herring...

[D4thincarnation]

Over 40 million American are in poverty.


https://en.wikipedia.org/wiki/Median_income

1 Luxembourg 52,493
2 Norway 51,489
3 Sweden 50,514
4 Australia 46,555
5 Denmark 44,360
6 United States 43,585
7 Canada 41,280
8 South Korea 40,861
9 Kuwait 40,854
10 Netherlands 38,584

[EdWins]

yet we gotta pay an arm and a leg for healthcare that we should be entitled to as human beings and for a higher education while yet most of these other "poor countries" offer free healthcare and education >_>