History is repeating itself. The key factor is the massive youth unemployment in many of the countries. Millions of uneducated, unemployed young people who are getting more and more angry as their governments lose the ability to simply provide them with freebies. There are two main groups at play in Europe: socialists who want government to control everything, and those who resent immigrants (supports of Le Pen in France, for example).
Mass protests are not news in Europe and there is also plenty of history with violent protests. All that is needed is a charismatic leader to emerge who will play upon the frustrations and sense of entitlement of these “youths” and combine the anti-immigrant sentiment with the socialist sentiment, and a new fascist regime will emerge. And in case anyone here has drunk the liberal kool-aid and equates fascism with conservatism, let’s all remember that the Nazis were the German National Socialist Party - not the National Conservative Party.
If our numbers were trustworthy we might be higher.
11% !!!
They must not know the Obama tricks about how to make the official unemployment rate lower than the real unemployment rate.
/s
This is CNN's backhanded way of saying Obama isn't doing such a bad job. What it really says is Obama is doing a better job of disguising true unemployment in the U.S. by refusing to count those who have stopped filing for unemployment because they've already exhausted their eligibility for benefits.
Folks the BLS unemployment figures are a scam. The problem is just as bad here or possibly worse.
I am hoping that when SCOTUS strikes down Obamacare that you'll see some new job creation and when Obama is struck down in November that the spigot of American investment will begin. However, it could be too late if Europe sucks us down into their economic vortex.