This country is going to implode, or put another way, it's going to get crushed under the weight of poverty. You can't have one percent of the people who own and control more wealth than the other 90 percent of the population.
Sentiment: NEGATIVE
By 2035, there will be almost no poor countries left in the world. Almost all countries will be what we now call lower-middle income or richer.
We can't leave people in abject poverty, so we need to raise the standard of living for 80% of the world's people, while bringing it down considerably for the 20% who are destroying our natural resources.
If the nation is rich but people are poor, the country cannot be strong, and society will be unstable.
We can no longer prosper by increasing human productivity. The more we try to do, the more poverty we will create.
We expect that in the next years, the economy will improve. And we expect that extreme poverty will drop from 22 percent to 11 percent by the year 2000.
Imagine a political system so radical as to promise to move more of the poorest 20% of the population into the richest 20% than remain in the poorest bracket within the decade? You don't need to imagine it. It's called the United States of America.
For as long as our people are held hostage by controllable socio-economic forces, we cannot afford to be indifferent to the ravages of poverty in all its dimensions and ramifications.
If large numbers of people believe they have no shot at a better life in the future, they will work less hard and generate fewer new ideas and businesses. The economy, as a whole, will be poorer.
Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.
By 2030, just a small percentage of the global population will live in poverty.