Chris.

A lovely collection of economic facts and figures which totally ignores the home reality of the US economy.

The average middle class American has only a four thousand dollar buffer zone of saved and available surplus to cater for any emergency which will impact on repayments of over indebtedness.
US consumers are floundering around in debt swamps, as in Australia.

And fails to properly address the fake reality of a housing bubble value added.
If inflation scorches ahead, as it really should be doing under the debt burden, the effects of which are highly skewed by unprecedented manipulation of interest rates, it’s more probable to speculate, judging by past economic catastrophies, eg the Great Depression and more recently, the GFC, that world economies will crash simultaneously.

Usually, at this state of economic calamity, war is not far away. The evidence of that reality is stark.
Then where does it all land, and who pays up?

Dan

As the cost of energy went up, Us economic activity declined. And as the result of price gouging snd carrying too many passengers? And too many paper shuffling, profit demanding middlemen!

It could again that former status if it converted its economy to one reliant on the most energy-dense material in the world, i.e., Thorium as MSR thorium and use cooperative capitalism to put a real cap via competition for customers, on reticulated prices that could be 1 to 2 cents PKWH!

And let's break up some of the big players who cannot be allowed to become too big to fail and able as mega monoliths to swallow smaller more efficient, suppliers

Then follow that with genuine tax reform, where the top tax rate is 15% above a generous tax-free threshold. And rolled out as an unavoidable flat tax! And where we should be going, if we were but intelligently led!
Alan B.

Us should be read as US!
Alan B.

Thanks Chris.