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We should be a rich country again, and if we do that, we can leave Social Security.
Oct 1, 2025
But you see, a rich country like America can perhaps afford to be stupid.
Rich countries can afford to overpay for things.
Aid is the process by which the poor in rich countries subsidize the rich in poor countries.
Subsidy Quotes:Nigeria is not an oil rich country. We are an oil producing country.
India happens to be a rich country inhabited by very poor people.
To a people warlike and indigent, an incursion into a rich country is never hurtful.
We say the United States is a rich country, but how can we be rich when millions of poor American children go to bed hungry?
The quality of the medical care delivered, including the pharmaceutical industry, has improved a lot. I don't think it's crazy for a rich country like the USto spend 15% of GDP on healthcare, and if it rose to 16-17%, it's not a big worry.
Foreign aid is taking money from the poor people of a rich country and giving it to the rich people of a poor country.
Finland is a rich country. What have they got? They got Nokia phones and plywood. How'd they get so rich? Because they're free.
It is very expensive to give bad medical care to poor people in a rich country.
A nation as such does not give aid to another nation. More precisely, the common citizens of our country, through their taxes, give to the privileged elites of another country. As someone once said: foreign aid is when the poor people of a rich country give money to the rich people of a poor country.
Look at the ozone story. As long as it was the southern hemisphere that was being threatened, there was very little talk about it. When it was discovered in the north, very quickly actions were taken to do something about it. Right now there's discussion of putting serious effort into developing a malaria vaccine, because global warming might extend malaria to the rich countries, so something should be done about it.
Senator John Kerry released his plan today to eliminate the deficit. He said all we have to do is find a really rich country like Switzerland and marry it.
It is science alone that can solve the problems of hunger and poverty, of insanitation and illiteracy, of superstition and deadening custom and tradition, of vast resources running to waste, or a rich country inhabited by starving people... Who indeed could afford to ignore science today? At every turn we have to seek its aid... The future belongs to science and those who make friends with science.
It is more difficult to fight poverty in a rich country than in a poor one.
Decades of Saddam’s rule made what could have been a fairly rich country, due to its oil reserves, into a very poor one.
Contrary to what you might think, China's economy is relatively less efficient, and more polluting, than those of rich countries.
The great question for our time is, how to make sure that the continuing scientific revolution brings benefits to everybody rather than widening the gap between rich and poor. To lift up poor countries, and poor people in rich countries, from poverty, to give them a chance of a decent life, technology is not enough. Technology must be guided and driven by ethics if it is to do more than provide new toys for the rich.
The country that consistently ranks among the highest in educational achievement is Finland. A rich country, but education is free. Germany, education is free. France, education is free.
Poverty cannot be accepted as a pretext and justification for the exploitation of children. It does not explain the huge global demand with, in many instances, customers from rich countries circumventing their national laws to exploit children in other countries. Sex tourism has spread its illicit wings wide, and paedophiles search for their victims in all parts of the globe. The problem is compounded by the criminal networks which benefit from the trade in children, and by collusion and corruption in many national settings.
Climate change is a huge problem, an almost insoluble problem, for two reasons. One is the habits of the West in terms of consumption. The other is the incredible iniquity between poor countries and rich countries on this planet.
Funding from rich countries to help the poor and vulnerable adapt to climate change is not even one percent of what is needed. This glaring injustice must be addressed at Copenhagen in December .
The rich countries are rich because of their practices at home, and because of their readiness to adopt and adapt new things, such as Chinese inventions or New World crops.
Everyone in the Chinese economic world knows that the country is not going to move out of cheap-workhouse status, toward the realm of 'real' rich-country corporate power and prosperity, unless (among other changes) it begins removing these price distortions.
The world is very disparate, in terms of the US using the most energy per person, and then the other rich countries - Europe, Japan, New Zealand - using about half of what we do, and then the world average being about a fifth of what we use, with China just now surpassing the world average.
Chile is not a rich country in terms of gas, or oil or coal, but we are extremely rich in terms of the energies of the future.
What if a small group of world leaders were to conclude that the principal risk to the Earth comes from the actions of the rich countries?... In order to save the planet, the group decides: Isn't the only hope for the planet that the industrialized civilizations collapse? Isn't it our responsibility to bring that about?
The United States is unique among the rich countries, developed countries, in not having some kind of a national health-care system.
In a brutal country like ours, where human life is 'cheap', it's stupid to destroy yourself for the sake of your beliefs. Beliefs? High ideas? Only people in rich countries can enjoy such luxuries.
To make a concrete response to the appeal of our brothers and sisters in humanity, we must come to grips with the first of these challenges: solidarity among generations, solidarity between countries and entire continents, so that all human beings may share more equitably in the riches of our planet. This is one of the essential services that people of good will must render to humanity. The earth, in fact, can produce enough to nourish all its inhabitants, on the condition that the rich countries do not keep for themselves what belongs to all.
Even strong as they are today, rich countries should have no illusion: nobody is safe in aworld of injustices.War will never bring security.War can only generate monsters: bitterness, intolerance, fundamentalism, and the damaging denial of current hegemonies.The poor must be given reasons to live, not to kill or die.
Even if we could grow our way out of the crisis and delay the inevitable and painful reconciliation of virtual and real wealth, there is the question of whether this would be a wise thing to do. Marginal costs of additional growth in rich countries, such as global warming, biodiversity loss and roadways choked with cars, now likely exceed marginal benefits of a little extra consumption. The end result is that promoting further economic growth makes us poorer, not richer.
What I'm really worried about is war. Will the former rich countries really accept a completely changed world economy, and a shift of power away from where it has been the last 50 to 100 to 150 years, back to Asia?
Climate change hype has grave real world consequences. It gets rich countries to adopt silly policies and to impose devastating eco-imperialism on poor countries. The world's rich millions can afford environmental extremism; its poor billions can't. Climate change pseudo-science about human causality has been exposed repeatedly. What's less appreciated is that there aren't more natural disasters in need of an explanation.
Had we lived, I should have had a tale to tell of the hardihood, endurance and courage of my companions which would have stirred the heart of every Englishman. These rough notes and our dead bodies must tell the tale, but surely, a great rich country like ours will see that those who are dependent on us are properly provided for.
Peter Montiel has long set the highest standard for lucid textbooks on the macroeconomics of developing countries. Now in this new edition of his superb classic Macroeconomics in Emerging Markets, he has surpassed even himself. He uniquely fills the gap between rich-country-obsessed macro- and micro-obsessed developing-country analysis. No student of the macroeconomics of development will henceforward be able to do without this book.
Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.
We [US] are the biggest per person, by a substantial amount, greenhouse emitters, and we give the most foreign aid, not per person but in absolute. This is another issue where hopefully we will take a long-term approach which, even though we sometimes have a hard time doing that, it's easier for us, as a rich country with this kind of scientific depth, than it is for the poor countries who will suffer the problems.
Foreign aid goes from poor people in rich countries to rich people in poor countries.
I think that my work is my attempt, I suppose, is to try and become a piece of connective tissue. I'm trying to communicate with people here and in America - in rich countries - about what I see on the ground in badly affected areas
The international equity question arises from the costs of climate change itself and mitigation varying greatly across countries. It is affected by the historical responsibility for current greenhouse gas emissions, which countries which were not responsible for what's in the atmosphere now think are very important. Currently rich countries don't think those issues are very important.
Governments of rich countries spend some $6bn of tax money a year on disaster relief and development aid overseas, while each new earthquake, famine or tidal wave can attract 1,000 aid organisations, from the United Nations Children's Fund and Oxfam to the 'Jesus Brigades' of the American south and other charitable adventurers.
Life as we know it is fundamentally unsatisfying. I think most folks feel this to be true. They know that a life of aimless consumption isn't much of a life. And work offers us very little satisfaction. Plus our work and consumption is destroying the environment. And this is in the rich countries. Add starvation, etc. to the mix, and you have a lot of people in the world pretty unhappy with things as they are. Modern communications make all of this known to people far and wide, and we see the fundamental unfairness of it all.
One of the problems of organizing in the North, in the rich countries, is that people tend to think - even the activists - that instant gratification is required. You constantly hear: 'Look I went to a demonstration, and we didn't stop the war so what's the use of doing it again?'
Most people acquire most of their knowledge outside school, and in school only insofar as school, in a few rich countries, has become their place of confinement during an increasing part of their lives.
...we must also acknowledge that the majority of the men and women of our time continue to live daily in situations of insecurity, with dire consequences. Certain pathologies are increasing, with their psychological consequences; fear and desperation grip the hearts of many people, even in the so-called rich countries; the joy of life is diminishing; indecency and violence are on the rise; poverty is becoming more and more evident. People have to struggle to live and, frequently, to live in an undignified way.
If the level and amount of consumption and waste of the western rich countries ever reaches the poor countries, it will mean the end of humanity. The big world corporations are busy doing it...The production, selling, consumption, accumulation, wastes' and advertisement explosions in the western rich countries and the continued population explosion in the poor countries will turn into major catastrophes.
This is so rich a country that luxury has developed at the expense of necessities, and even the destitute partake of the luxury. We are the rich country of the world, like Dives at the feast. We must try hard, we must study to be poor like Lazarus at the gate, who was taken into Abraham's bosom.