Global Warming And Obama-nomics

Less disposable income in the US should mean less tourism and investment in Nicaragua. Continuing stagnant home prices means fewer retirees can bail and seek an off-shore retirement opportunity.

Nica economy seems to be chugging right along. Maybe Nica tourism is all that anyone can afford now.

My take: socialism advances in the US with all the associated downsides, and capitalism advances in Nicaragua and the country prospers.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Where that "excess" goes

From ThinkProgress, Leaving Homeless Person On The Streets: $31,065. Giving Them Housing: $10,051.

Even if you don’t think society has a moral obligation to care for the least among us, a new study underscores that we have a financial obligation to do so.

Late last week, the Central Florida Commission on Homelessness released a new study showing that, when accounting for a variety of public expenses, Florida residents pay $31,065 per chronically homeless person every year they live on the streets.

It seems that Nicaragua's version of Socialism has figure this out.

Is This Really

socialism here in Nicaragua? Or is it just lip service?

Anyone who can afford it sends their kid to a private school . . .Despite the billboards touting socialism and the rest, I get the sense that this is a "get a haircut, get a real job" country. No food stamps for dope smokers --like in the US.

If you don't have a remittance, or some means of earning a few bucks, you get pretty hungry. Some guy showed up at my door begging this morning, I sent him packing. This is not a country of beggars. I WOULD support a program that provided one way bus tickets to Venezuela or Cuba for these guys.

We had much of the "socialism" pointed to here in the US for a long time: baseline electricity, show up at any emergency room for free health care, only thing missing is FSLN discounts on beans.

In the meantime, a lot of Nicas, and not just Pellas, are getting rich, either working for it, or stealing it from the government. Either way, they are entrepreneurs.

Cuba and Venezuela: socialism. I don't see Cuba's and Venezuela's problems here.

Key West...

You get the run of the site and this is the best you can do?