Wednesday, March 13, 2019

Americans Don't Really Brag About Defeating the Brits Anymore

Americans don't brag about defeating Britain in the revolutionary war much anymore; it was a long time ago. The victory was a matter of fact. Citizens were relieved to be rid of the royal parasites.
The British spent so much money trying to win the war that the public debt for the war wasn’t fully paid off until shortly before World War 1. The cost of the war and public indebtedness to the rich of Britain that held the debt was a salient reason why social benefits were fairly rotten for 19th century Brits.
An ironic joke is that Americans are achieving what the founder’s victory provided to England. The national GINI index of wealth concentration places the U.S.A. right there with Mexico and public debt is 21 trillion dollars.

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