The Mudcat Café TM
Thread #102499   Message #2242764
Posted By: Riginslinger
23-Jan-08 - 09:02 AM
Thread Name: BS: Crash of U.S. Economy
Subject: RE: BS: Crash of U.S. Economy
"...the U.S. was a "First World" country before the New Deal started, and also during the Nixon-Ford years, but has been a "Third World" country since about 1993. Is that it?..."

                  Actually, the US was a first world country right up to the point that Ronald Reagan submitted his first budget to Congress, it begain the slide to third world status shortly after that.