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email ryannationwidehomescomtitle The Zero-Sum SocietyChapter 1 - An Economy That No Longer PerformsAlthough many Americans think that Americas economy is invulnerable it is painfully obvious that America may experience the economic problems that have plagued our foreign neighbors in the past The United States economy used to generate the worlds highest standard of living We used to be the country that all others looked to in aweUnfortunately by 1978 the US had slipped down into fifth position among the nations of the world in per capita GNP The United States was ranked below Switzerland Denmark West Germany and Sweden In the 1950s Kuwait had surpassed the US in per capita GNP but this was ignored because many people said that Kuwait was handed their wealth by inheriting the oil in the ground They did not work for their money Many Americans fail to realize that we also inherited wealth through our vast mineral energy and climatic resources The United States does not rank at the top as far as per capita GNP but our standard-of-living costs are probably lower this is difficult to measure We have felt a false sense of security in our economy with the idea that other countries would and should rapidly catch up to us - and then drastically slow down This security has disappeared as we have watched our foreign neighbors catch up to us and surpass us Our economic decline is impacting us economically politically and mentally Economically we are facing a decline in our standard-of-living We may not be able to purchase the great number of luxury goods that are consumed today We may have to find satisfaction in our necessities and stop taking them for granted Politically we will have to make sacrifices in our personal consumption of goods for the benefit of the country as a whole If we do not take less for ourselves and give more to our government then the United States may
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