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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (360632)11/28/2007 5:50:22 PM
From: tejek  Read Replies (1) of 1575341
 
Technically reunification was a one time event or close to it. The adjustments to that continue, but they've had 17 years to adjust. Not counting them when considering Europe's economic performance at this point doesn't make sense.

Unfortunately, 17 years has not been long enough. Unemployment is still very high in the former GDR; many people are chronically unemployed and too old to retrain.

Also you haven't responded to my other point. Including Germany means you are including East Germany which had its productive capacity limited by socialism. That socialism was largely lifted, and East Germany had the opportunity to grow at a higher than average rate, which it did. So it might not exactly be reasonable (esp. after 17 years) to blame reunification for slower growth.

God, you have a one track mind. East Germany grew under its dictatorship but all the wealth was siphoned off to its elite and Mother Russia. That's what happens in a dictatorship, not socialism.

Over the last 15 years, Bonn has been pumping in billions of dollars. East Germany is starting to respond but its like turning an ocean liner.

And even if reunification was 100% to blame for Germany growing slower than the rest of Europe, it would change the fact that Germany is indeed part of Europe. Smaller events happened in or to the US that reduced American economic growth.

LOL. The reunification of two parts of the same country that have been separated for 40 years is NOT some "small event". Its a huge event and its taken Bonn a lot of spending and work to make things better. Among other things. E. Germany suffered from considerable deferred maintenance to its infrastructure. Who do you think is paying for that? My friends who grew up mostly in West Germany are furious at how much money its taking to upgrade East Germany.

At most you get "Europe has performed worse than the US, because of re-unification". You don't get "Europe has performed as well as the US", or "Europe did better than the US".

Okay. The US is doing wonderfully.......even if we have a lot of homeless, our bridges are falling done, our crime rate is high and our prisons are burgeoning with inmates. But its all good, huh Tim.
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