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US drops to 12th in the prosperity index


OverSword

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http://www.businessinsider.com/us-crashes-out-of-the-top-10-in-world-prosperity-index-2012-11

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  • Norway
  • Denmark
  • Sweden
  • Australia
  • New Zealand
  • Canada
  • Finland
  • Netherlands
  • Switzerland
  • Ireland
  • Luxembourg
  • United States
  • United Kingdom
  • Germany
  • Iceland
  • Austria
  • Belgium
  • Hong Kong
  • Singapore
  • Taiwan

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Well that list can't be right. All the nations ranked above the US are socialist!!! And as we all know socialism dooms nations to unspeakable fates.

Anyway given the economic trouble the US has been dealing with it's no surprise it slipped but it still has a long, long way to go before coming close to Third World status.

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That poor old lady brings a tear to my eye.

The standard of living has went down this past decade. There are many that can't afford the doctor bill, medicine or food and most aren't on drugs like some would like to claim.

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Well that list can't be right. All the nations ranked above the US are socialist!!! And as we all know socialism dooms nations to unspeakable fates.

Anyway given the economic trouble the US has been dealing with it's no surprise it slipped but it still has a long, long way to go before coming close to Third World status.

New Zealand and Australia are somewhat considered "free market" (and yes I did get your little insider joke).

I wonder if all those people who voted for Romney that threatened to move here still want to, given the fact that abortions are semi-legal, specific types of cannabis are legal and gay marriage equality is now being passed in Parliament. That and we have free to use public healthcare.

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They started calling the middle class here,"the working poor" ,around 2005.

No one paid attention . Working poor meant you made less than 50,000 a year I think .

50K a year used to be making a living ,now it doesn't cover everything. So many previously accepted salaries,are now considered crap

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New Zealand and Australia are somewhat considered "free market" (and yes I did get your little insider joke).

We're the worst sort of Socialists - Free Market Communists!

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Non of the immensely rich Countries are even mentioned, like Saudi Arabia,South Africa, etc so where are they getting the figures from ?.and I cannot honestly believe that Germany is 14th, and Ireland has just been bailed out and stands at 10th, so who's taking the ****.

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Well that list can't be right. All the nations ranked above the US are socialist!!! And as we all know socialism dooms nations to unspeakable fates.

No, they are not. Where did you learn your definition of "socialsm"? Unionised government run education system perhaps?

Look for North Korea on the list, to see where ultimate socialism gets you.

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They started calling the middle class here,"the working poor" ,around 2005.

No one paid attention . Working poor meant you made less than 50,000 a year I think .

50K a year used to be making a living ,now it doesn't cover everything. So many previously accepted salaries,are now considered crap

It is called "inflation", friend. And with the Obama government creating cash out of thin air (yes, I know, the professorial term that Bernanke likes to use is "quantitative easing" -- sounds so much better, doesnt it) for their bizarre spending programs, you will eventually see a lot of it.

You can put as much lipstick on liberal voodooh economics as you want, but in the end, reality always comes back to bite you.

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Can't speak for australia, but I'm sure we're going to start dropping with the US here in New Zealand unless we get rid of our current government which is hell bent on selling our assets and privateisation.

Edited to add: when I come to power I'm going to socialise everything.. lol. Ban to corporations and businesses from getting to big to fail, then hang a few bankers to make sure the message get's across clearly, starting with John Key. lol.

Edited by Professor T
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It is called "inflation", friend. And with the Obama government creating cash out of thin air (yes, I know, the professorial term that Bernanke likes to use is "quantitative easing" -- sounds so much better, doesnt it) for their bizarre spending programs, you will eventually see a lot of it.

You can put as much lipstick on liberal voodooh economics as you want, but in the end, reality always comes back to bite you.

Well, that's okay, since some of the job creating projects O threw money at went "Poof" into the air.

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The top 3,Noway,Sweden and Denmark put all together,could not afford to

1. Fight a war

2. Run an expensive Space Program

3.Give massive donations to other countries

So who is issuing all this Country ratings crap.fubar.

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The top 3,Noway,Sweden and Denmark put all together,could not afford to

1. Fight a war

2. Run an expensive Space Program

3.Give massive donations to other countries

So who is issuing all this Country ratings crap.fubar.

Prosperity isn't a measure of total wealth. Would you say a country with one millionaire living comfortably surrounded by those living in third world conditions prosperous? (hypothetically speaking)

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2. Run an expensive Space Program

Given the amount of "necessary cuts" made to NASA, neither can America ;)

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I don't know about the quality of life here, but food prices have increased a lot over the last few years and don't seem to be stopping.

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Prosperity isn't a measure of total wealth. Would you say a country with one millionaire living comfortably surrounded by those living in third world conditions prosperous? (hypothetically speaking)

In this world prosperity is the measure of wealth, and with wealth comes power.Look around you and unless you are the millionaire we all live to some extent in a poor situation,I worked for 50 yrs but I'm still not a millionaire,just an ordinary guy living on a pension just above the bread line, and the millionaire up the road couldnt care less,but at least I'm happy,whereas he's worried about where his next million is coming from,or whether the stock market will crash and leave him pennyless.
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Well that list can't be right. All the nations ranked above the US are socialist!!! And as we all know socialism dooms nations to unspeakable fates.

Anyway given the economic trouble the US has been dealing with it's no surprise it slipped but it still has a long, long way to go before coming close to Third World status.

So you are saying we are dropping on this list cause we arent socialists? You cant think of any other possible reasons?

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In this world prosperity is the measure of wealth, and with wealth comes power.Look around you and unless you are the millionaire we all live to some extent in a poor situation,I worked for 50 yrs but I'm still not a millionaire,just an ordinary guy living on a pension just above the bread line, and the millionaire up the road couldnt care less,but at least I'm happy,whereas he's worried about where his next million is coming from,or whether the stock market will crash and leave him pennyless.

Still you see what I mean about the millionaire and the 3rd world level poor. The Scandinavian countries are quite switched on and generally have quite a good balance of wealth within their countries, due to them being small and easily managed.

It does take a lot of hard work to get to where they are. Though these days to get to that level you actually need a reasonable amount of money in the first place in order to get anywhere.

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Non of the immensely rich Countries are even mentioned, like Saudi Arabia,South Africa, etc so where are they getting the figures from ?.and I cannot honestly believe that Germany is 14th, and Ireland has just been bailed out and stands at 10th, so who's taking the ****.

After I had posted the article I was wondering about Ireland being on that list too. Perhaps Ireland is on the list because while not necessarily wealthy, thier people are healthy and have easy access to efficient social programs which guarantee thier well being. Honestly I have no idea what life is like in Ireland so this is all just guess work.

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After I had posted the article I was wondering about Ireland being on that list too. Perhaps Ireland is on the list because while not necessarily wealthy, thier people are healthy and have easy access to efficient social programs which guarantee thier well being. Honestly I have no idea what life is like in Ireland so this is all just guess work.

It has nothing to do with the amount of riches but the prosperity index is a combination of

Economy

Entrepreneurship & Opportunity

Governance

Education

Health

Safety & Security

Personal Freedom

Social Capital

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Parts of the US resemble third world countries or the former Soviet bloc anyway, not surprised the latest report on the level of prosperity the US has shown itself. Americans' fear of socialism caused irresponsible government policies and corporations run themselves to the ground insisting they are "people" instead the actual people are employees work to have the executives make more money. I wish the USA is a social democracy alike Canada (anyone interested in moving there) and the Scandinavian countries, where cold weather it seems makes better policy judgements (LOL!).

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No, they are not. Where did you learn your definition of "socialsm"? Unionised government run education system perhaps?

Look for North Korea on the list, to see where ultimate socialism gets you.

They're socialist democracies, countries that have socialist leaning policies such as government run health care. Or in the eyes of the American right the thing that dooms a country. Which based on the list clearly isn't true. And yes our education system is unionised and is run at the provincal level. I believe most education systems within the Western world have the same set up.

As for North Korea they're more of a monarchy than socialist these days and really have nothing in common with the socialist democracies of the Western world.

So you are saying we are dropping on this list cause we arent socialists? You cant think of any other possible reasons?

No that's not what I'm saying at all. I'm only pointing out that unlike want some of our members think having socialist policies does not mean the end of the world.

Edited by Corp
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Prosperity is not merely wealth.

Its linked to education, unemployment, tv and internet access, religious and social freedoms etc.

Most of the scandinavian nations have extremely high literacy rates, numbers of university graduates per head of population, stable employment figures and overall are more "level" in terms of the numbers of rich vs poor.

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http://www.businessi...y-index-2012-11

  • Norway
  • Denmark
  • Sweden
  • Australia
  • New Zealand
  • Canada
  • Finland
  • Netherlands
  • Switzerland
  • Ireland
  • Luxembourg
  • United States
  • United Kingdom
  • Germany
  • Iceland
  • Austria
  • Belgium
  • Hong Kong
  • Singapore
  • Taiwan

I think this list is Bogus... It has several catagories that make up the ratings, and under "Health" the USA is Number 2, and under "Education" the USA is Number 5. So our Health is only beat by Luxembourg, and only Canada, New Zealand, Taiwan and Australia beat our Education. That totally does not sound right to me, so I'm calling Shinanegans on this List.

Looks like Switzerland would have been number one, but they got a Education rank of 32.

It appears almost like someone was tossing darts to determine the numbers...

Edited by DieChecker
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