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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (116219)	7/22/2009 7:47:49 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 542024

"If the welfare state is such a drag on an economy - how do you explain away the successes in Europe?" LOL! I do not have to. There is none. If you need to ask this question you say much for all to see. Tell me what you understand about demographics and how they differ from the US to Europe. Few posts say more than yours about the surreal attitudes the left has about economic growth. Please - more like this one!

To: Steve Lokness who wrote (116219)	7/22/2009 7:59:46 PM
From: Bearcatbob	Respond to of 542024

When you think Europe you need to think unemployment rate. Here is an article of how great things were in 2007: eubusiness.com "Eurozone unemployment eases to new record low of 7.3 per cent 30 March 2007, 14:05 CET — filed under: Employment, Finance, Facts & Figures (BRUSSELS) - The unemployment rate in the 13 nations sharing the euro eased in February to a new record low of 7.3 percent, official figures showed on Friday. The rate, which the European Union's Eurostat data agency adjusted to take seasonal variations into account, is the lowest on Eurostat's books, which go back to 1993. It marked a slight decrease from a rate of 7.4 percent reported for January and a steady descent from the 8.2 percent registered for February 2006. Since peaking at 8.9 percent during an extended period ending in September 2004, unemployment in the eurozone has steadily declined as the economy gathers pace. In the EU as a whole, unemployment eased to 7.4 percent -- the lowest rate in Eurostat's records for the bloc going back to 1998 -- in February from 7.5 percent in January and 8.2 percent in February 2006." Now - if that rate is to become acceptable in the US - fine! I do not think that flies.