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America has absurd amounts of natural resources, compared to all European countries except Russia. It would be fairly rich just by exploiting them, without any
by badpun 2y ago
America has absurd amounts of natural resources, compared to all European countries except Russia. It would be fairly rich just by exploiting them, without any advanced economy, just like Australia or Canada are. Add advanced economy on top of that, and regular Americans should be swimming in money, compared to rest of the world.
- footlose_3815 2y ago>regular Americans should be swimming in money That's not how business works here. Money trickles up and people who worked to make it happen are living paycheck to paycheck. Only the business owners and the shareholders see any prosperity in that equation. And not to sound too pessimistic, but many local governments would rather take the tax money and give it to Walmart, Cabelas, Sports stadium building rather than paying for stuff like school lunches or better teacher pay.
- red-iron-pine 2y ago> should be