One Aging Geek

Tuesday, March 02, 2004

GLOCOM Platform - Opinions

GLOCOM Platform - Opinions:

Something really strange has happened to the U.S. under the Bush Administration. With her ever bulging budget deficits and foreign debts, America's skewed income distribution is rapidly making the U.S. resemble Argentina or Mexico. The 'Jobless Recovery' is not a political mirage, but a serious problem. America's GDP is increasing at an annual rate of about 4.0% this year. But, only those Wall Street 'money gamers' and self-dealing 'management aristocrats' of Corporate America are dizzy with their huge bonuses, padded salaries, and self-dealt stock options. The remaining hard working Americans cannot eat 'GDP.' The U.S. has widening income gap between a few 'haves' and many 'have-nots.'