11 Places With a Worse Economy Than Ours

HI

In my opinion we get out of these if Banks and Feds are not friends togather.

The Banking system is very corrupt and Fed hires oild frindes and they are the real crooks.

Our leaders in Govt. are greedy and corrupt and they make laws for American to see that all that they are doing good for Ameicans but there is diffrent agenda and law to benefit them sleves.

All these people need to be out Washington and new age from new blood shall begain.

Our leaders are putting our great nation at greater rick then we all think.

Vj of TX @ Jul 28, 2009 22:06:17 PM

How to fix Americas economy

We need to start making products that other contries need and can afford. I feel we spend entirely too much money on Defense. In 1961 President Eisenhowser tried to warn us of the hidden dangers of the Military Industrieal Complex. He roughly stated that if we don't control it it could bring us down as a nation. WW2 has been over for 60 years. Do we really need to keep so many military bases in Germany, Italy, & Japan? I am a veteran and have personally witnessed the waste the military produces and personally it makes me very angry. Some people in many places of the world do not buy American products due to thier unhappiness of U.S. policies. Others buy Toyota or Hyandia due to price. If we closed down just 50% of our bases in Japan and Korea our government could lower taxes. If they lowered taxes the workers in ther UAW could work for less money and then the cost of american cars might be on par with the Koreans or Japanese. You can blame the current crises on the banks and greedy corporations, but I feel no one has addressed the real problem. I feel the real problem is that America cannot compete with other countries. People who do not have jobs cannot pay their debts to banks. Many don't have jobs because they have been sent to other countries such as Korea or Mexico( where people work for much less). We need to re-asses our priorities. If we want to be more competitive in the global economy we need to stop wasting money on wars and military global domination. If we were to close half of our overseas bases and put the troops on U.S. soil the money would stay in U.S. communities. I feel that we should let the Koreans pay for thier own defence. Lets see if they can import a fully loaded luxury car for half the price if they had to pay for their own defence. In essence we are subsidizing our own competitors, how stupid is that? Are we such fools. Whith the money saved from overseas base closures we could then liquidate our foriegn debts. Again with less costs we could lower taxes and wages. Then America can start pruducing goods for export, at prices poeple in Asia or Africa could afford.

I aslo believe the time is right for world communities to discuss the concept of a universal wage and work standards. For example by avereging severeral world currencies we could estimate a fair labor wage. Sadly in many countries such as China and Mexico the workers can't stand up to currupt governments and demand fair saleries. In order order to fix the world economy we need to spur consumption. Does anyone really think its fair for a worker in Chine to work long hours for pennies? I am sure if multinational companies were forced into paying workers fair wages, they would not be sending all our jobs to China and Mexico. One of the major causes of the great depression was under consumption. If a worker in a Mexican Mequiladora factory is paid $4,000 U.S. annually do you think he or she can buy an American made computor or Car ? Whare's the Justice?

William J. Mueller @ Jul 28, 2009 17:45:00 PM

Socialism

Looks like we may never find out, or at least not for a long time, if Karl Marx was right about capitalism or not. Since the US has moved into socialism it appears that Karl is winning the arguement and the world will need to wait to see if a capitalistic country can actually make it for more than 200 years without eating itself.

richard of RI @ Jul 26, 2009 10:18:30 AM

"Worse economy than ours"

Really? Is this by the numbers only, or in reality? It seems as though the real opportunities are for those willing to live and work in some of the countries on this list.

Doubting the numbers of LA @ Jul 25, 2009 11:23:01 AM

TO MR. President

To day I telling That President`s Plann for health is good.We have to accept it I Wants to tell Mr President and all american`s NO.ONE It is a War that we never stop it. It is verry bad thing for us.NO TWO Fed`s Govt`s bad pollices Because they keep on changing Intrest rates up and down from last 30 years.They put every american in truble Knowingly.Some time intrest rate was 28 percent and some time it is zero percent.That is why no american make their own home from grand father to grand children.As long as all americans not have their own free home this country will keep on suffring.WE have to solve this problem fist.I have a master degree in Economics and i am born in India Now i am USA.citizen

Pritam klair of TX @ Jul 23, 2009 16:49:41 PM

China Market

Maybe you missed it, but China's economy right now is what's helping US multinationals survive, including GM and Intel (read the recent news why don't you?) and most others. China has the LARGEST car market in the world right now, the largest consumer base for most consumer products (PCs, phones, washing machines, etc), as well as having an internet user base that's larger than the population of the US.

If any country is pulling and helping the rest of the world, it's China.

GED of NJ @ Jul 20, 2009 12:16:45 PM

projection just a thing to remember .

if we make it here we buy it here and we tax it here. all money stays here , if we invest in outown country and give more to

all the different ideals that you dont think will work , you might see more jobs start popping up . but if you think giving to corperated american that they are going to put people back to work , think again . WANT HAPPEN. our problem started with the stock market ripping us off , and he banks doing there dirt. so they get bell out of course the ones that hurt the country the most. AND THEY ARE GOING TO HELP THE PEOPLE OF THIS COUNTRY . I DONT THINK SO THE PROVE IS IN THE PUDDING.

HISTORY REPEATS ITSELF . SO WHAT HAPPEN IN THE SO CALL GREAT

DEPRESSION? PEOPLE WERE NOT JUMPING OFF THERE ROOFS FOR NOTHING , THE BANKS HAD TOOK THEIR MONEY THEN AND NO LOANS WERE

ALOUD TO STAY IN BUSINESS ARE EVEN GET A LOAN FOR ANYTHING

SOMETHING LIKE WHATS HAPPENING NOW . SO IF YOU WANT AMERICAN

PEOPLE TO BELIVE IN WHAT YOU ARE SAYING THEN YOU NEED TO LET SMALL BUSINESS DO WHAT THEY ARE SURPOSE TO DO ( PUT PEOPLE TO WORK), HARD TO DO WITH OUT START MONEY AND CAPITAL.

FRANKIE R ROBERTS of MI @ Jul 19, 2009 02:58:58 AM

Growth Projections

Funny- the social democracries that Obama is trying to force the US to emulate all have projected growth rates below that of the US. How's that for CHANGE we can believe in???

Steve of PA @ Jul 18, 2009 19:53:10 PM