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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (90433)	10/16/2008 9:19:39 PM
From: Cogito	Respond to of 541791

>>The US never lacked a bounty of resources, we just never managed them well. Not only minerals, but the US had fantastic farming and timberlands that had potential very much like the oil rich nations. We gobbled them up and now wonder what happened. << Steve - An important difference is the fact that we have a huge population, and Norway doesn't. There are about five million people in Norway, benefitting from billions and billions of kroner worth of oil. Norway is #2 worldwide in GDP per capita. Or #3, depending on how you calculate GDP. The US is either #4 or #11. In actual dollars, our GDP per capita is about half of theirs. - Allen