SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Foreign Affairs Discussion Group
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bilow who wrote (281185)9/10/2014 4:22:13 PM
From: Sun Tzu  Read Replies (2) of 281500
 
I think the main problem with the US is that the structure of economy has fallen over a tipping point. There is excessive "rent seeking" behavior in the US economy. Which is to say an inordinate amount of the productivity is drained by those with the most capital without them actually providing much in the way of productive returns (i.e. they are there to let you draw water from the well, and charge a hefty fee for it without doing much else). This, combined with the ICT revolution, is hollowing out the social structure and economy. So you are seeing a U shape structure where there are jobs and activity at the extremes, but the middle is hollowed out. The change is real and has serious implications for economic and political policies. Our idiot in chief will go down as one of the most ineffective presidents in history, though I doubt anyone can top Bush's record.

ST
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News