... I guess I can give you a couple of examples before bed time.
1.) Financial Crisis of 2008.
2.) Massive loss of manufacturing in the USA.
3.) Oil speculators gone wild on Wall Street driving up prices and killing GDP.
4.) Billionairs trying to avoid paying taxes on the money they made HERE.
5.) Kwame Kilpatrick serving himself on the publics dollar.
Bonus Greed: Did you happen to notice how JP Morgan had a 2 billion dollar gambling loss the other day? What do you call that?
I intend to address your concerns one at a time, starting with issue number two, "Massive loss of manufacturing [jobs] in the USA."http://www.indexmundi.com/g/r.aspx?t=0&v=69&l=en
Here is a little data that may upset you.
First I wish to call your attention to lines 130,131, & 132 in the above link.
The people living below the poverty line in the United States as a percent of the population (see line 131) is 12%. This puts The United States ahead of the Socialist Paradise of Denmark where 12.1% are living below the poverty level, but places the USA behind Syria where 11.9% of the population lives or dies below the poverty line.
Furthermore low income earners fare better in the USA than in say number 119 Germany where 15.5% of Germans live below the poverty level. Other nations with larger percentages of their citizens living below the poverty line are:
#1 Chad with 80% in poverty
#25 Kenya with 50% in poverty
#50 Papua New Guinea 37% in poverty
#75 Lebanon at 28%
#100 Greece at 20%
#125 Hungary where 13.9% are below the poverty line
The rate of poverty in Israel is 23.6%
“ “ “ “ “ Japan is at 15.7%
“ “ “ “ “ Belgium 15.2%
“ “ “ “ “ South Korea 15%
“ “ “ “ “ The United Kingdom 14%
At the lower end of the list and in next to last place is The Peoples' Republic of China with 2.8% of its citizens living in poverty , and in last place is the Nationalist Chinese nation of Taiwan where a mere 1.6% of its citizens fall below the poverty line.
Nothing is ever 100% but notice that the more Socialism a particular country has the more likely its citizens are living in poverty. However the defining issue seems to be how hard a particular nations’ citizens are willing to or how much a government encourages its people to work in order to pull themselves out of poverty. This seems to also go hand-in-hand with how well the government protects business, and now easy the government makes it for businesses to get started or to relocate there.