General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow does the USA compare to France?
i saw a video somewhere on the internet about the Great Brain Drain and mass exodus of business and wealthy from France, how does the USA compare to France as far as keeping the wealthy and business from leaving en masse like has happened in France?
How do we compare to Greece?
how About Puerto Rico?
is this the united states future?
are we headed down the same path?
seems there is a great collapse going on starting with these smaller countries and to a limited extent the bigger ones.
How do we maintain a balance between government spending (infrastructure, entitlements, education, military, etc?) and private sector spending while maintaining a healthy sustainable economy?
NorthCarolina
(11,197 posts)comparing the USA to France, Greece and Puerto Rico? I haven't heard or seen that anywhere. I guess I just don't get the point you're trying to make here.
Bluenorthwest
(45,319 posts)happening. Of the French who do leave, the top places to go are UK and Belgium, not exactly escaping the Euro life just moving within the Euro zone.
John_Doe80004
(156 posts)showed me a news video. i didn't catch the url, news source or i would have posted it or noticed if it was from a fringe site in which case i would have just written it off, but the video news report stated there was a great wealth and brain drain leaving France to Canada and then off to places like the USA, Asia, Switzerland, and a few others, Britain was mentioned in the video but the bulk of the departures were not going to Britain. the video did have a right wing propaganda feel to it, hence my questions here on peoples opinions about it.
on the Puerto Rico, Greece comparisons those have only just recently been showing up on a few social media sites. the French comparison i have heard elsewhere as well but not all too frequent.
Motown_Johnny
(22,308 posts)So it is reasonable to assume that we are on the same path.
As far as Greece is concerned, the collapse there is largely due to the austerity measures implemented by conservatives. In some part we are on that path due to Reagan/Bush/Bush economic policies that we have not moved away from as of yet.
The was to balance government spending, entitlements, education, military etc. and still maintain a healthy sustainable economy is to go back to what worked for us for so long. The New Deal, Greatest Generation tax and spend policies that invested in this country and paid off big time.
John_Doe80004
(156 posts)part of the united states. that weird status is actually part of what is causing it's financial issues. it's a separate country but still a US possession. if it was actually a US state versus a country the US possesses it could just file chapter 9 and reorganize it's debt, at the same time if it was a completely sovereign country it could go to the IMF. that is my understanding of their situation from reading various news reports. my fiance is also a born and raised Puerto Rican native and that is how she explained it to me as well.
i believe you were right on FDR he struck a balance between spending, taxing, labor laws, and private sector interests and it worked fine up till Reaganomics idea's first reared their ugly head in the 70's.
I also liken Bernie Sanders to a modern day FDR.