Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘GDP’

Alabama As A Third World Country: How True Is It?

Posted by Warm Southern Breeze on Sunday, October 26, 2014

Editor’s Note, Saturday, 15 October 2016: Since Sunday, October 26, 2014, the date of this original publication, Yellowhammer News blog has thought to create their own entry (herein linked) obliquely contradicting the data supplied and referenced in this entry, which has now been published for over two years. Though they do not refute the data cited herein, instead, they refer to an Alabama-based data analysis company, and present data exclusively from the United Nations’ Human Development Index to support their assertion. In stark contrast, we use source citation and and references to the variety of sources used to compare Alabama to Third World Nations.

Also entitled as: How does Alabama compare with Third World Countries?

In so many comparative rankings for quality of life within our 50 United States, Alabama and Mississippi seem in a dead heat for last place. In a veritable “Race To The Bottom,” Alabama and Mississippi scrap over being in last place. In fact, it’s been a long-standing joke – with the sad, bitter sting of truth – that Alabama’s State Motto is not Audemus jura nostra defendere,” which has been translated as: “We Dare Maintain Our Rights” or “We Dare Defend Our Rights,” but rather “Thank God For Mississippi.”

And just so we’re singing on the same sheet of music, and on the same verse, a “Third World Nation” is one which were at one time colonies “formally lead by imperialism. The end of imperialism forced these colonies to survive on their own. With lack of support, these colonies started to develop characteristics such as poverty, high birthrates and economic dependence on other countries. The term was then affiliated to the economic situation of these former colonies and not their social alliances to either capitalism or communism.” In a more modern sense however, a “Third World Nation,” is more readily thought of as being one of several “underdeveloped nations of the world, especially those with widespread poverty.” And it is in that sense to which I refer to Alabama as “a Third World Nation.”

In essence, what that term refers to is Quality Of Life. And, there are many aspects of life that can be measured, such as rates and incidences of crime, employment/unemployment, education, health/sickness/disease, responsive & efficient government, availability of clean water, sewerage, utilities such as electricity, natural gas, supporting infrastructure to deliver those utilities, which includes transportation, roads, highways, airports, railways, and access to the same. There is much more to life than the mere availability of food, clothing and shelter. For example, who would want to eat raw meat, wear bearskins, and live in a cave? In context, those three items are certainly fulfilled. And if that’s all there is, then all is well… right?

Demonstrating that, again, there is MUCH MORE to life than the mere availability of food, clothing and shelter.

Consider, for example, Public Health.

Rates of Obesity, and Obesity-related Diseases (also called chronic, or long-term problems) such as Diabetes, Hypertension (High Blood Pressure), Stroke, and certain types of Cancer, in Mississippi and Alabama are among the highest in our United States. While Obesity is quickly becoming an epidemic of significant national proportions, it is particularly problematic in Read the rest of this entry »

Posted in - Did they REALLY say that?, - Lost In Space: TOTALLY Discombobulated, - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments »

Necessary but Not Sufficient: Why Taxing the Wealthy Can’t Fix the Deficit

Posted by Warm Southern Breeze on Thursday, October 4, 2012

NOW OR NEVER | SEPTEMBER 2012

Necessary but Not Sufficient:
Why Taxing the Wealthy Can’t Fix the Deficit

By David Brown, Gabe Horwitz, and David Kendall

In this paper we shatter the myth that taxes on the wealthy can come close to solving our long-term budget problem. We readily acknowledge that raising taxes on top earners is necessary, but it is not sufficient to solve the looming fiscal crisis. And we make clear that if entitlements are left on autopilot, burdensome middle class tax hikes become inevitable.

Even a 50% tax rate on the wealthy can’t fix the deficit.
Even 50% taxe rate on wealthy can't fix deficitThis is the first in a pair of papers that demonstrate that purely ideological fixes will not sufficiently address our fiscal issues. Our other report, Death by a Thousand Cuts: Why Spending Cuts Alone Won’t Fix the Deficit, proves that a cuts-only strategy cannot solve our budget woes without severely compromising our safety, security, and economic growth. Together, these papers make the case that a big and balanced fiscal package is the preferred way to avoid the fiscal cliff, prevent deficits from exploding in the future, and allow our economy to grow.

To stabilize the debt and create a positive economic climate for U.S. growth, most mainstream economists agree that annual deficits must be reduced to 3% of GDP. The question is: how do we get there?

In order to demonstrate that taxes alone cannot solve our budget woes, we explore three budget scenarios, all of which rely solely on Read the rest of this entry »

Posted in - Even MORE Uncategorized!, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

 
%d bloggers like this: