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The reality is that nearly 80 percent of the world's purchasing power lies outside the united states, and if we don't tap those markets, others will.
-John Hoeven
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The Reality Is That Nearly 80 Percent

John Hoeven
The reality is that nearly 80 percent of the world's purchasing power lies outside the united states, and if we don't tap those markets, others will.
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Lying Reality United States

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An underpaid man is a customer reduced in purchasing power. he cannot buy. business depression is caused by weakened purchasing power. purchasing power is weakened by uncertainty or insufficiency of income. the cure of business depression is through purchasing power, and the source of purchasing power is wages.
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Economists often talk about the 80/20 principle, which is the idea that in any situation roughly 80 percent of the “work” will be done by 20 percent of the participants. in most societies, 20 percent of criminals commit 80 percent of crimes. twenty percent of motorists cause 80 percent of all accidents. twenty percent of beer drinkers drink 80 percent of all beer. when it comes to epidemics, though, this disproportionality becomes even more extreme: a tiny percentage of people do the majority of the work.
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The united states of american business pays the second-highest business taxes in the world, 35 percent. ireland pays 11 percent. now, if you're a business person, and you can locate any place in the world, then, obviously, if you go to the country where it's 11 percent tax versus 35 percent, you're going to be able to create jobs, increase your business, make more investment, et cetera. i want to cut that business tax. i want to cut it so that businesses will remain in the united states of america and create jobs.
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In the islamic world, the u.s. is seen in two quite different ways. one view recognizes what an extraordinary country the u.s. is.the other view is of the official united states, the united states of armies and interventions. the united states that in 1953 overthrew the nationalist government of mossadegh in iran and brought back the shah. the united states that has been involved first in the gulf war and then in the tremendously damaging sanctions against iraqi civilians. the united states that is the supporter of israel against the palestinians.
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Forests are breaking out all over america. new england has more forests since the civil war. in 1880, new york state was only 25 percent forested. today it is more than 66 percent. in 1850, vermont was only 35 percent forested. now it's 76 percent forested and rising. in the south, more land is covered by forest than at any time in the last century. in 1936 a study found that 80 percent of piedmont georgia was without trees. today nearly 70 percent of the state is forested. in the last decade alone, america has added more than 10 million acres of forestland.
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There are markets extending from mali, indonesia, way outside the purview of any one government which operated under civil laws, so contracts weren't, except on trust. so they have this free market ideology the moment they have markets operating outside the purview of the states, as prior to that markets had really mainly existed as a side effect of military operations.
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