Sunday, August 21, 2011

Re: What Explains America's Achievements of the Last 150 Years?

Wow. This one is turning up everywhere.

In the 19th century, the United States benefited from the theft of
other peoples' labor (slavery), took no care to preserve the air,
water, or forests, put women and children into sweatshops, and enjoyed
pacified neighbors on its northern and southern borders.

In the 20th century, the U.S. Air Force blasted the crap out of our
main economic competitors, Germany and Japan, and did precious little
to help our allies, Britain and the USSR, to recover. If you have the
only functioning industrial economy in the world, you can do pretty
good for yourself.

Today, our foreign competitors have recovered, sweatshops and slavery
have been abolished, and our natural resources are exhausted. Welcome
to the 21st century, unemployed America!

On Aug 18, 1:59 pm, MJ <micha...@america.net> wrote:
> The Economic Foundation of FreedomWhat Explains America's Achievements of the Last 150 Years?Howard Buffett
> September 2003 • Volume: 53 • Issue: 8 •
> http://www.thefreemanonline.org/featured/the-economic-foundation-of-freedom/

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