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View Full Version : Economics European liberals finally run out of other people’s money to spend


The Mad Crapper
05-22-2010, 08:02 PM
Across Western Europe, the “lifestyle superpower,” the assumptions and gains of a lifetime are suddenly in doubt. The deficit crisis that threatens the euro has also undermined the sustainability of the European standard of social welfare, built by left-leaning governments since the end of World War II. Europeans have boasted about their social model, with its generous vacations and early retirements, its national health care systems and extensive welfare benefits, contrasting it with the comparative harshness of American capitalism.

Europeans have benefited from low military spending, protected by NATO and the American nuclear umbrella. They have also translated higher taxes into a cradle-to-grave safety net. “The Europe that protects” is a slogan of the European Union.

But all over Europe governments with big budgets, falling tax revenues and aging populations are experiencing rising deficits, with more bad news ahead.

With low growth, low birthrates and longer life expectancies, Europe can no longer afford its comfortable lifestyle, at least not without a period of austerity and significant changes. The countries are trying to reassure investors by cutting salaries, raising legal retirement ages, increasing work hours and reducing health benefits and pensions.

“We’re now in rescue mode,” said Carl Bildt, Sweden’s foreign minister. “But we need to transition to the reform mode very soon. The ‘reform deficit’ is the real problem,” he said, pointing to the need for structural change.

http://www.nytimes.com/2010/05/23/world/europe/23europe.html?hp

BucEyedPea
05-22-2010, 09:05 PM
It takes longer for soft Socialism to collapse. Just twenty years after the fall of the Soviet Union.

I think of the Sear's jingle....the "softer side of Sears". Just change the words to "the softer side of Marx."

The Mad Crapper
05-22-2010, 09:20 PM
It takes longer for soft Socialism to collapse. Just twenty years after the fall of the Soviet Union.

I think of the Sear's jingle....the "softer side of Sears". Just change the words to "the softer side of Marx."

ROFL

BEP, soft socialism fails quicker because the statists can't shoot people dead like they can under communism.

NewChief
05-22-2010, 09:58 PM
Just say no you little meth monkey

http://www.dvorak.org/blog/wp-content/uploads/2008/04/meth2.jpg

The Mad Crapper
05-23-2010, 08:36 AM
Just say no you little meth monkey

http://www.-content/uploads/2008/04/meth2.jpg

Speak of the devil
http://thepeoplescube.com/gallery/a-picture-a-day-a12/obama-gadgets-cube-m1138.jpg
Ha ha! And you voted for that asshole!

chris
05-23-2010, 02:18 PM
Across Western Europe, the “lifestyle superpower,” the assumptions and gains of a lifetime are suddenly in doubt. The deficit crisis that threatens the euro has also undermined the sustainability of the European standard of social welfare, built by left-leaning governments since the end of World War II. Europeans have boasted about their social model, with its generous vacations and early retirements, its national health care systems and extensive welfare benefits, contrasting it with the comparative harshness of American capitalism.

Europeans have benefited from low military spending, protected by NATO and the American nuclear umbrella. They have also translated higher taxes into a cradle-to-grave safety net. “The Europe that protects” is a slogan of the European Union.

But all over Europe governments with big budgets, falling tax revenues and aging populations are experiencing rising deficits, with more bad news ahead.

With low growth, low birthrates and longer life expectancies, Europe can no longer afford its comfortable lifestyle, at least not without a period of austerity and significant changes. The countries are trying to reassure investors by cutting salaries, raising legal retirement ages, increasing work hours and reducing health benefits and pensions.

“We’re now in rescue mode,” said Carl Bildt, Sweden’s foreign minister. “But we need to transition to the reform mode very soon. The ‘reform deficit’ is the real problem,” he said, pointing to the need for structural change.

http://www.nytimes.com/2010/05/23/world/europe/23europe.html?hp


What? No response from the "looters" on this site??

Truth always hurts??

I'm disappointed. I was hoping for some comedy reading this Sunday afternoon from the Libs "spend other people's money" pontificating.

Bummer.
:(

orange
05-23-2010, 02:32 PM
But all over Europe governments with big budgets, falling tax revenues and aging populations are experiencing rising deficits, with more bad news ahead.

With low growth, low birthrates and longer life expectancies, Europe can no longer afford its comfortable lifestyle, at least not without a period of austerity and significant changes. The countries are trying to reassure investors by cutting salaries, raising legal retirement ages, increasing work hours and reducing health benefits and pensions.

How does one deal with that? "low birthrates,""longer life expectancies,""aging populations?"

Let me think back... oh, yeah! Immigration!!

The Mad Crapper
05-23-2010, 02:39 PM
But all over Europe governments with big budgets, falling tax revenues and aging populations are experiencing rising deficits, with more bad news ahead.

With low growth, low birthrates and longer life expectancies, Europe can no longer afford its comfortable lifestyle, at least not without a period of austerity and significant changes. The countries are trying to reassure investors by cutting salaries, raising legal retirement ages, increasing work hours and reducing health benefits and pensions.

How does one deal with that? "low birthrates,""longer life expectancies,""aging populations?"

Let me think back... oh, yeah! Immigration!!

Let me think back, oh, yeah!

Traditional families!

donkhater
05-24-2010, 08:41 AM
But all over Europe governments with big budgets, falling tax revenues and aging populations are experiencing rising deficits, with more bad news ahead.

With low growth, low birthrates and longer life expectancies, Europe can no longer afford its comfortable lifestyle, at least not without a period of austerity and significant changes. The countries are trying to reassure investors by cutting salaries, raising legal retirement ages, increasing work hours and reducing health benefits and pensions.

How does one deal with that? "low birthrates,""longer life expectancies,""aging populations?"

Let me think back... oh, yeah! Legal Immigration!!


FYP

stevieray
05-24-2010, 08:45 AM
Just say no you little meth monkey

http://www.dvorak.org/blog/wp-content/uploads/2008/04/meth2.jpg

Maybe it's just me, but a deadhead can't really point a finger about abusing drugs.

NewChief
05-24-2010, 08:49 AM
Maybe it's just me, but a deadhead can't really point a finger about abusing drugs.

It's just you.

The Mad Crapper
05-24-2010, 09:35 AM
Maybe it's just me, but a deadhead can't really point a finger about abusing drugs.

Newphin is a statist stooge. He loves him some commie, racist negro Barack Hussein Obama.