The Mudcat Café TM
Thread #97568   Message #1922664
Posted By: McGrath of Harlow
30-Dec-06 - 06:54 PM
Thread Name: BS: At last the UK pays up double.
Subject: RE: BS: At last the UK pays up double.
the myth that the US, as a nation, is rich is just that...a myth

And like some other significant myths, it happens to be true. The USA is a very rich nation indeed, but with the wealth divided in a way that means that there is some pretty terrible poverty, and in a lot of aspects it matches Kenneth Galbraith's phrase "Private wealth and public squalor".