Out-sourcing

The ultra wealthy get $2 trillion wealthier That is the headline in the news today. It goes on to say that the top .004% or 211.275 of the people in the world comprise these wealthy and their wealth increased by 2 trillion dollars. Just looking at that it seems patently unfair but to add to my previous argument that you cannot solve the problems of the poor by taking money from the rich, just look at the math. If you took that money and gave it to the rest of the people in the world they would each get $400. Now in a country like Bangladesh that would be several months pay but it would be an almost impossible task to get that money to the people not only because of logistics but many of those poor countries are so corrupt that the governments would keep the money. The standard of living in third world countries has improved dramatically over the past 20 years and that is the result of out-sourcing from western countries. The best way to help the poor people of the world is to keep the economic engine of the west alive and healthy. Currently one of the best ways to do that is to take advantage of the natural gas and oil reserves in the western United States. This will initiate an economic boom here and it will spread to the rest of the world. 14 March 2013 – The rapid growth of developing countries is propelling millions out of poverty on an unprecedented scale and radically reshaping the global system, according to a flagship United Nations report launched today.