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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (322541)	1/23/2007 6:44:54 PM
From: Road Walker	Read Replies (1) \| Respond to of 1573691

You love the "statist" don't you?

To: TimF who wrote (322541)	1/24/2007 3:53:14 PM
From: tejek	Read Replies (1) \| Respond to of 1573691

I picked Mexico as a relatively average statist country. I could have picked some small third world hell hole instead. If you want to look more upmarket than Mexico fine, compare the average EU unemployment rate, and GDP per person compared to the US. EU - 493 million people - $12.42 trillion total GDP (PPP), average unemployment rate (2006) 8.5% We have been through this previously. First, the EU's unemployment rate is always going to be higher than the US's because unemployment is treated differently there. Secondly, the EU does not produce the rate of job growth that the US produces. There are a whole host of reasons for that fact that have little to do with socialism.....the primary one being population growth or the lack there of. Its much more difficult to emigrate to the EU than it is to emigrate to the US. That combined with a lower birth rate means population growth is declining or static in most of the EU whereas it is growing at a good clip in the US. Declining or static population growth does not create jobs. On the positive side, the EU isn't worried about funding their SS account and isn't experiencing the deficit spending we are experiencing. For the poor and average resident of the EU, life is much better than it is for the poor or average resident of the US.