Quote:
Originally Posted by Centropolis
it's funny, you have a place like ohio with the rustbelt stereotype punching at the weight of switzerland, which is stereotyped as filthy rich.
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I think this is a great point.
As much as we Americans lament the “dying rustbelt”, we need some perspective here. Still a lot of wealth, a lot of industry, and still one of the wealthiest and most economically productive places on the planet.
The problem in America is poor allocation of resources. Don’t get me wrong, I’m a free market capitalist, but large industries have gamed the system to such a degree that our Republic has essentially been hijacked. Your average American has a lower quality of life than your average European, despite our abundant riches.