Sorry!! The article you are trying to read is not available now.
HOT TAGS:  

"Stupid American" Syndrome Our Own Fault, Data Show

Print comment Post Comments
WE'RE DOING IT TO OURSELVES
DailyFeed
A USA Today analysis has found that "purchases of TVs, jewelry, recreational vehicles and pet supplies are growing robustly... At the same time, spending on medical care, day care and education is down in the dumps."

Ahhhh...the sweet, sweet sound of our nation getting dumber and fatter.

Here's an idea: when times are tight, perhaps it might be a better use of our money to buy that textbook instead of the diamond grill we "just can't live without"?



Or, maybe, just maybe, it wouldn't hurt to get that physical we've been putting off for three years and suffer through one or two more NFL games on last year's flat screen TV?



Could this be part of the reason why the United States once had the highest proportion of young adults with post-secondary degrees in the world, but today we're 12th?

Or why American 15-year-olds do not even rank in the top half of all advanced nations when it comes to math or science literacy?

In the 2009 "prosperity index" published by the Legatum Institute, the United States was ranked as the ninth most prosperous country in the world.

In 2008, the US was fourth.

Sounds like we may not be looking at a banner year coming up.
POSITION:  No positions in stocks mentioned.

TICKERS