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To: A CA Guy

and our current real estate price bubble.

its fashionable to trash europe, and I understand it from a political viewpoint. but the US has many of the same economic challenges hurting europe, because of free trade and globalism depressing wages and stripping industries that once provided middle class jobs, sending them offshore.

the thread running now with the thomas friedman article is worth taking a look at.


5 posted on 06/04/2005 8:52:17 PM PDT by oceanview
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To: oceanview

"and our current real estate price bubble.

its fashionable to trash europe, and I understand it from a political viewpoint. but the US has many of the same economic challenges hurting europe, because of free trade and globalism depressing wages and stripping industries that once provided middle class jobs, sending them offshore.

the thread running now with the thomas friedman article is worth taking a look at"

Even with outsourcing, US still has, what, a 5.1-5.2% unemployment rate?
Europe, which is basically sliding into a purely socialist continent has 8-10% unemployment rate.

Productivity levels are still higher in the US than in Europe.

In conclusion, do you support them ousting the euro or keeping it?


12 posted on 06/04/2005 9:20:01 PM PDT by jsm30625
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To: oceanview

I have to admit it is a little fun trashing the Eurowussies now considering the thrashing they gave us leading up to, and after the beginning of, the war in Iraq. Chirac/De Villepin, Schroeder, and that sanctimonius scumbag Zapataro in Spain are all getting exactly what they deserve, economic and politcal nightmares of their own making.


24 posted on 06/05/2005 7:14:13 AM PDT by moose2004 (You Can Run But You Can't Hide!)
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