Article

2007-11-26 Europe

EU Causes of Growth differentials in Europe

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Posted by anonymous5089 2007-11-26 08:28|| || Front Page|| [4 views ] Top

#1 And this is without the strong Euro effect. That is a very compelling reason for exchange controls soon. The dollar is not the problem it is the Euro.

Posted by Jack is Back!">Jack is Back! 2007-11-26 13:27|| 2007-11-26 13:27|| Front Page Top

#2 Good catch, Anonymous 5089. Just put a similar link up at my blog and credited you and Rantburg.

Posted by Ptah">Ptah 2007-11-26 16:33|| http://www.crusaderwarcollege.org]">[http://www.crusaderwarcollege.org] 2007-11-26 16:33|| Front Page Top

#3 A continental Laffer Curve experiment.

Posted by ed 2007-11-26 17:06|| 2007-11-26 17:06|| Front Page Top

#4 "' Big government ' is the main cause of Europe's weak performance. The oversized Public Sector lacks productivity and is undoing the entire productivity gains of the Private Sector, eradicating all of its outstanding performance and productiveness."

On an economic level this is certainly true.

I would add that on a societal level, the takeover of nearly all the safety net tasks of the institution of the family by the these same big governments has disrupted the connection between the people and their civilization and has destroyed the will of the people to breed in sufficient numbers to continue to exist as nations for more than three more generations.

A good working definition of insanity is doing the same thing over and over and expecting different results each time. No matter how many times you touch a hot stove, you'll burn your hand. Most of Euroland, it seems, still thinks that they can touch the stove and get a cookie instead of a blister. No matter how many times you try, no matter how many versions you push, big government socialism does not and cannot work. The rest of Europe - particularly the class of '68 - needs to swallow its pride, admit that they were wrong (difficult for po-mo's obsessed with their narrative, I know), and follow the Irish and stop touching the stove.

Posted by no mo uro 2007-11-26 17:15|| 2007-11-26 17:15|| Front Page Top

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