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Article #14904

Re: DOES AMERICA SAY YES TO JAPAN? - Off track!!

#14904
From: Louis Schmittroth
Date: Tue, 22 Dec 1992 02:37
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rboudrie@chpc.org (Rob Boudrie) writes:


>>> That's part of the reason why there is less actual wealth in the US
>>>to invest. (I don't defend the shitty savings rate of Americans,
>>>although there is more than a casual relationship between small (or
>>>no) paychecks and savings.)
>>
>>How, then, do you explain the fact that the US STILL has the highest per capita
>>income in the world? We do NOT have the highest saving rate.
>>

Whoa, you are away off base here.  Americans have the 8th highest per
capita GNP.  I don't have current figures, but in 1988, The US trailed
Switzerland, Iceland, Japan, Norway, Finland, Sweden, and Denmark, in
GNP per capita.  If I am not mistaked the US has fallen behind even more
since then.

--
Louis Schmittroth louis@cs.athabascau.ca
NW 1/4 18 67 21 W4 Alberta.  
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References: <1992Dec16.014403.2407@cirrus.com> <23078@venera.isi.edu> <1992Dec21.201353.5120@island.COM> <1992Dec21.220326.21127@chpc.org>

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From: louis@aupair.cs.athabascau.ca (Louis Schmittroth)
Newsgroups: sci.electronics,misc.consumers
Subject: Re: DOES AMERICA SAY YES TO JAPAN? - Off track!!
Message-ID: <louis.724991876@aupair.cs.athabascau.ca>
Date: 22 Dec 92 02:37:56 GMT
References: <1992Dec16.014403.2407@cirrus.com> <23078@venera.isi.edu> <1992Dec21.201353.5120@island.COM> <1992Dec21.220326.21127@chpc.org>
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