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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Lou Weed who wrote (252890)1/3/2008 1:22:59 PM
From: Nadine Carroll  Read Replies (1) | Respond to of 281500
 
Where in the MSM are you seeing that ALL EU countries are in better fiscal shape? Do you have any examples to support this statement?


I was replying to KateW, who kept saying it repeatedly, despite my posting figures to the contrary. The MSM has just done everything in their power to badmouth the American economy despite the last four years of low unemployment, consistent job growth and good GDP growth - numbers that would have been reported in glowing terms were Bill Clinton still in office. How do I know? Because the last four year's numbers were BETTER than Bill Clinton's numbers, which were reported in glowing terms!

I would note that with the exception of Ireland, which is following an American style business friendly growth pattern, all the countries that have better per capita numbers are very small in population. Norway has oil (Kuwait and Dubai have great per capita income figures while we're at it), we know what Luxembourg and Switzerland have. The big EU population centers - Germany, Italy, France, Spain, Austria have been lagging behind the US in growth and therefore in income.