Although the U.S. is a powerful and influential country, its economy is stagnant and outdated, and could become part of the third world in 25 years. When one thinks of United States of America, the first thing that comes to mind are the skyscrapers of New York, Hollywood or the troops deployed halfway around the world in a display of military power like no other. However, these images are just the deceptive surface of an impoverished country and heading to one crisis after another because of their stubbornness in ignoring the signs of the times and to maintain, contrary to all logic, outdated industrial system can not compete with the emerging countries of Asia.

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In fact, the most powerful nation in the world suffers from the same ills as any of the member countries of what we call the Third World, high unemployment, low wages, limited opportunities for change in the middle and lower class, widespread poverty, concentration of wealth in few hands, interference of banks and large corporations in government policy does not benefit the population, deficiencies in health and education systems … And it only needs to be more acute include the country in this group.

Chronic unemployment and ever lower wages:

The United States currently suffers the worst phase of its history as unemployment is concerned. 9.1% of its population suffers from chronic unemployment, another 5% suffer long-term unemployment, more than 6 months while the total unemployment rate is over 20%, which is in absolute numbers about 60 million people. The unemployment rate approaches that of poor countries like Armenia and Algeria as a conflict zone such as the Gaza Strip.

Similarly, and although wages have risen steadily in the last twenty years, the truth is that the purchasing power of employees has decreased substantially due to inflation, and it is considered that the real income of American households are located today on 1996 levels, despite the fact that, unlike then, in most households two incomes fall.

Increased poverty and concentration of wealth:

In 2011, the U.S. poverty rate rose to 15.7% with one in six people living in poverty, with incomes below $ 22,314 for a family of four, while 1% of Americans have the 38.2% of assets in the stock market. In other words, while the poor get poorer every day, the small group that dominates the economy gets richer every day.

American millionaires have tripled its revenues since 1979, while one in eight Americans depends on the Nutrition Assistance Program of the Department of Agriculture, serving over 45 million homes to survive.

Lack of social mobility:

If I had to choose one as a determinant factor in the economic future of the United States in its first hundred years of history, that would be the great social mobility of its citizens. Until relatively recently it was understood that America was the land of opportunity, a place where anyone with an idea and desire to work was, if not get rich, at least get to live in relative comfort. It was the Mecca of entrepreneurs.

However, some decades ago that glorious time passed. The new entrepreneurs do not have the backing of the government nor the banks and have trouble finding financing for their projects, even if they take place, encounter with the added difficulty of the lack of demand generated by the global crisis. Customers, extremely poor, do not buy anything, which is a clear signal to stop any proposed trade.

Excess services and deindustrialization:

U.S. industry, leading well into the seventies, has become a giant with feet of clay to the emerging powers of Southwest Asia, because they can not match their wages and productivity, which explains why large companies like the General Motors have had to declare defaults and why the U.S. market and not self-sufficient but many consumers have paid to the advantages of Asian goods, cheaper.

Consequently, many industries have closed and the labor market has shifted from the nineties to the service sector, where the population has quintupled in the last decades. However, for the same dynamic that forced its expansion, the sector now exceeds demand, which has been reduced along with the purchasing power of the population.

Serious deficiencies in public services:

Instead, public services, especially health, are overwhelmed. The American health care system provides free care – through Medicaid. For those citizens who lack resources and can not afford health insurance, but it covers only basic care family practice, emergency and it is a system that can serve the entire country’s poor. The problems caused by endemic poverty, especially malnutrition and chronic diseases are often left without proper treatment.

Failure of the reforms, no, we can not:

In recent years, the government Obama tried this trend of impoverishment through reform of taxation, as the extension of taxes on capital – and public services – such as health care reform, but all reform measures have been rejected by a Congress and a Senate where democrats are far from having an absolute majority, which has doomed the country to a delicate situation in which the reforms, so necessary, are lost in a sea of ​​political rivalries. And if they do not, it is obvious that the worst predictions come true.