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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (114168)5/24/2012 11:41:01 AM
From: tejek  Read Replies (1) | Respond to of 149317
 
Why do you make that claim? Norway, Germany, Sweden, the Netherlands, Poland etc are all experiencing good growth.

Germany is the engine of growth in the Eurozone, because they have the biggest economy and because they have in the past had the best finances and fiscal policies. That has lead to outsized growth. However, they live in a connected world, just as we all do. The Eurozone troubles have dragged Germany down with it and Germany is no longer growing. They are shrinking. So it is not true to say Germany is experiencing good growth. Not only that but key, large economies all across the world are faltering. The probability is extraordinarily high that the US will dip into negative growth shortly. We too are connected and can't escape the world's malaise.


Oh hell..........this slowdown in German growth is temporary; not permanent. I was talking in general. My point is that the countries I listed are all capitalistic but more socialistic than the US and all have great lifestyles. Again, you fall prey to the Republican notion that because Europe is less capitalistic than we are that that somehow its bad. In fact, it many ways its much better..........less violence, less killings, the gap between rich and poor is smaller etc. Europe is by no means perfect and there are things about their set up I don't like but it wouldn't hurt for us to cherry pick and take the concepts that work best for the US.