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Hey U.S., welcome to the Third World! [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

Liberal_in_LA

(1000+ posts) Send PM | Profile | Ignore

Thu Sep-18-08 04:50 PM
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Hey U.S., welcome to the Third World!

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Hey U.S., welcome to the Third World!

It's been a quick slide from economic superpower to economic basket case.

Rosa Brooks
September 18, 2008

(*** snip ***)

We thus want to acknowledge the progress you have made in your evolution from economic superpower to economic basket case. Normally, such a process might take 100 years or more. With your oscillation between free-market extremism and nationalization of private companies, however, you have successfully achieved, in a few short years, many of the key hallmarks of Third World economies.

http://www.latimes.com/news/opinion/la-oe-brooks18-2008sep18,0,6908905.column

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