Signs of declining economic security

Posted by Rocky_Road 11 years, 9 months ago to Economics
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"For the first time since 1975, the number of white single-mother households who were living in poverty with children surpassed or equaled black ones in the past decade, spurred by job losses and faster rates of out-of-wedlock births among whites."


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  • Posted by ObjectiveAnalyst 11 years, 9 months ago in reply to this comment.
    Absolutely. If we can't run our own affairs prudently we have no business going broke trying to help other nations follow our bankrupt lead...
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  • Posted by ObjectiveAnalyst 11 years, 9 months ago in reply to this comment.
    Absolutely. We need to become energy independent, but I don't mind trading with other nations. I just tire of being the world's policemen.

    “I am for free commerce with all nations; political connection with none; and little or no diplomatic establishment”
    George Washington
    Now I know the world has changed, but our acting like the lone ranger coming to the rescue for every third world hiccup has not brought us or them any lasting peace or prosperity.
    I say leave them to sort things out themselves and if they attack us then unleash the dogs of war without limit. Otherwise stay out of it.
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  • Posted by 11 years, 9 months ago in reply to this comment.
    If we were fossil fuel independent (and we could be), then we could resign our global hall monitor role.

    As it is, the Middle East holds our economy hostage...literally.
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