Skip O'Neill – Liberty for All

Ron Paul for A New Direction

Sinking to 3rd World Status

with 5 comments

What characteristics define a 3rd world country?  High unemployment, lack of economic opportunity, low wages, widespread poverty, extreme concentration of wealth, unsustainable government debt, control of the government by international banks and multinational corporations, weak rule of law and counterproductive government policies.  All of these characteristics are evident in the U.S.
today.

Other factors include poor public health, nutrition and education, as well as lack of infrastructure.  Public health and nutrition in the U.S., while below European standards, stand well above those of 3rd world countries.  American public education now ranks behind poorer ountries, like Estonia, but remains superior to that of 3rd world countries.  While crumbling infrastructure can be seen in cities across America, the vast infrastructure of the United States cannot be compared to a 3rd world country.  However, all of these factors will rapidly deteriorate in a declining economy.

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