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U.S. HAS REGRESSED TO A THIRD-WORLD NATION

STUDY BY MIT ECONOMIST: U.S. HAS REGRESSED TO A THIRD-WORLD NATION FOR MOST OF ITS CITIZENS

Institute For New Economic

The richest large economy in the world, says Peter Temin, Professor Emeritus of Economics at MIT, is coming to have an economic and political structure more like a developing nation.

We have entered a phase of regression, and one of the easiest ways to see it is in our infrastructure: our roads and bridges look more like those in Thailand or Venezuela than the Netherlands or Japan.
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