The World’s Largest Economy: A Poor Rich Country

Published in Gandul
(Romania) on 19 September 2010
by Bogdan Munteanu (link to originallink to original)
Translated from by Andreea Muntean. Edited by Jessica Boesl.
Had the Republicans been the ones statistically showing just how much poorer Americans have become in 18 months of Obama’s presidency, they might have been regarded as malicious. The publication of the data by the main statistics agency in the U.S. got Obama to admit "how tough 2009" had been.

Another four million are poor, another five million unemployed, several million underemployed and insolvent debtors. This is the balance sheet presented by Obama, who was brought to the White House by the greatest wave of hope America had known for decades.

Nowadays, it’s exactly the middle-class — hypnotized by the old "Yes, we can" — that is suffering the most. America’s backbone is getting thinner by the day, in addition to the fact that the American dream is gradually being replaced by the Brazilian version of it — a few extremely rich, many extremely poor and a middle-class that is statistically insignificant.


Dacă ar fi fost anunţate de republicani, datele despre cât de mult au sărăcit americanii în 18 luni de mandat ale lui Barack Obama puteau fi privite ca "rău-voitoare". Publicarea lor de principala agenţie statistică a SUA l-a făcut pe Obama să admită că ele arată "ce dificil a fost anul 2009".

Încă patru milioane de săraci, încă cinci milioane de şomeri, multe milioane de "subangajaţi" (care muncesc part-time) şi de debitori ipotecari insolvabili. Acesta este bilanţul preşedintelui Obama, adus la Casa Albă de un val de speranţă cum nu cunoscuse America de decenii.

Acum, tocmai clasa de mijloc - hipnotizată de sloganul "Yes, we can" (Da, putem) - suferă mai mult. Coloană vertebrală a SUA se subţiază de la o zi la alta, odată cu înlocuirea treptată a visului american cu o versiune braziliană a acestuia - puţini foarte bogaţi, mulţi foarte săraci şi o clasă de mijloc puţin relevantă statistic.
This post appeared on the front page as a direct link to the original article with the above link .

Hot this week

Iran: 2 Scenes from Masoud Pezeshkian’s Trip to New York

Germany: The Controversial Giant

Austria: Trump’s U-Turn on Ukraine Is No Reason To Celebrate

Russia: Bagram Absurdity*

   

Japan: Trump Administration: Absurd Censorship

Topics

Singapore: Trump’s Gaza Peace Plan – Some Cause for Optimism, but Will It Be Enough?

Singapore: US Visa Changes Could Spark a Global Talent Shift: Here’s Where Singapore Has an Edge

Thailand: Could Ukraine Actually End Up Winning?

Thailand: Southeast Asia Amid the US-China Rift

Japan: Trump Administration: Absurd Censorship

Taiwan: Can Benefits from TikTok and Taiwan Be Evaluated the Same Way?

Russia: Bagram Absurdity*

   

Related Articles

Romania: Trump Hopes That All American Troops in Afghanistan and Iraq Will Be Repatriated by May

Romania: America’s Allies Might Miss Donald Trump

Romania: Sow the Wind and Reap the Whirlwind

Romania: Dispute between Trump and Macron Renders Trans-Atlantic Relationship Uncertain

Romania: A New Step to Hell: Donald Trump Unilaterally Denounces Intermediate-Range Nuclear Forces Treaty