Schroeder is right, Europe does need to change

The Guardian ^ | January 24 2005 | Philip Arestis and Elias Karakitsos

[knighthawk]

Europe-list

If people want on or off this list, please let me know.

[RockinRight]

US-led world recovery

The Guardian admits this? I thought Bush was an economic blight on the world???

[jveritas]

In 10 to 15 years the EU will cease to exist. It is an inevitable fate.

[vpintheak]

What? A tightly controlled government body cannot make everything perfect? Say it isn't so!

[paudio]

In the longer run what is desperately needed is a eurozone-wide fiscal policy...

Would relatively low tax countries accept this?

[longtermmemmory]

"...and could threaten the fiscal credibility of the eurozone."


If they are printing it now, then the euro is already in trouble. Is the euro doing well because of what europe is doing or because of what the USA is doing? or just because of anti-americanism wishful thinking?


Since Germany and France are already ignoring debt limits, this crediblity issue is over.

[NYURepublican]

what the eurozone really needs is to start cutting damn taxes and stop being quasi-socialist.

Also I don't see the Euro remaining as storng as it has over the next year really. Our interest rates are rising its only inevitable that the dollar regains some strength. At least I hope heh, Im studying abroad in europe next spring and I'd really like the dollar to be back on par with the Euro, itd make thisgs significantly cheaper. Hope its back to about 80 cents or so to the Euro by late May that would be great for my trip abroad then, although again the higher dollar-euro value would be even better than simply 80 cents heh.

[Oldexpat]

A german friend tells me that the older german's have a lot of money, but won't spend it because they don't consume a lot because things are so expensive..so it sits in the bank.
They don't invest much in stocks.
The friend is buying a condo near Munich..the price is less than any near a major city in the US, even at today's Euro rate.
Business's won't hire people due to the high cost of benefits and the inability to fire..or they hire on a contract basis if they must.

[Betaille]

To raise growth, you need to cut govt. spending, period. The cost of govt. is the percentage of gdp that is spent by govt., not the tax rate.

[Redbob]

This is a load of crap. The tip-off? Anyone agreeing with Schroeder has GOT to be wrong!

Europe doesn't need a "fiscal stimulus," they need to cut their confiscatory tax rates and get the government off the backs of the producing class.

That'll never happen, though, with their current welfare-state mentality. The government needs every pfennig they can get.

[Betaille]

"Business's won't hire people due to the high cost of benefits and the inability to fire..or they hire on a contract basis if they must."
What is their unemployment rate?

[RobFromGa]

BERLIN - Germany's jobless rate rose to nearly 11 percent in December, the government's labor office said Tuesday, the same day that France said its growth stalled in the third quarter.

The number of Germans out of work was 4.464 million in December — 206,900 more than the previous month and an increase of 149,200 from December 2003. The unadjusted jobless rate spiked to 10.8 percent from 10.3 percent in November, the Federal Labor Office said.

[Maceman]

the state of public finances in some European countries was very problematic, and could threaten the fiscal credibility of the eurozone.

Not at all. The Eurozone has no credibility to threaten.

[seppel]

Schröder is personally, together with that buffoon with Iranian girlfriend, Fischer, responsible for German economic stagnation. They both blocked reforms which Kohl wanted to introduce in 1994. Then they instituted these half-heartedly claiming them to be their own. They are cheats and liers, living off the ideas of others, playing to the media and not really doing anything meaningful. Pure deception.

The only things they introduced the last 6 years:

1. Homosexual marriage
2. Bring Turkey into EU, thus bringing 13 Million potential Muslims into Germany
3. Trash Bush and the USA
4. Depress the economy by an avg. 1.5-2% annually
5. Increase deficit
6. +2 Mio unemployed
7. Hate Crime Laws aimed at churches
8. Illegal immigration up
9. Further degrade military
10. Military sanctions against Israel
11. Socialist/Green rot
12. Kyoto protocol which throttles German economy for fantasies.
13. Laws to lower the age of consent so that dirty Green homos can have sex with boys.


These people are offensive. Everything they say or do is per definition anti-Christian.

[seppel]

ping!

[Grampa Dave]

"Below is your excellent summary of the German leaders and their political party for the past 6 years":

The only things they introduced the last 6 years:

1. Homosexual marriage
2. Bring Turkey into EU, thus bringing 13 Million potential Muslims into Germany
3. Trash Bush and the USA
4. Depress the economy by an avg. 1.5-2% annually
5. Increase deficit
6. +2 Mio unemployed
7. Hate Crime Laws aimed at churches
8. Illegal immigration up
9. Further degrade military
10. Military sanctions against Israel
11. Socialist/Green rot
12. Kyoto protocol which throttles German economy for fantasies.
13. Laws to lower the age of consent so that dirty Green homos can have sex with boys.


These people are offensive. Everything they say or do is per definition anti-Christian.

---

It is amazing how the left wingers in Germany and Old Europe and our left wingers try to move their citizens down the same dark alleys to their destruction as free people.

I remember 2-3 years ago when the Gloomers and Doomers on Free Republic would ignore Germany when they were trying to trash our economy and we brought up Germany as a disaster.

[SierraWasp]

Did you hear Rush today shreiking about the Prexy and CEO of Nokia, the Sweedish maker of cell phones, bemoaning the shift to individualism and conservatism in America mixed with revival of religiousity and traditional values???

Rush was dumbfounded, wondering aloud who this idiot CEO thought his market for the freedom and individualism of personal communication devices would happen to be, for goodness sake!!!

I happen to think the terrorist are going to hit the weakened old EU so hard they'll be forced to come round to our techniques, like we've been forced to come round to Isreal's in the last 3+ years since 9-11-2001, don't you agree?

The Scandiahoovians had better get that nerve that runs between their eyeballs and their differentials surgically cut to get rid of their "old europe" point of VIEW, too!!! I think the baltic states may begin to out-do those old thinkers economically, very soon!!! That'll make their eyeballs pop outta their danged heads!

Nothing means personal freedom like Volvos, Nokia Cell Phones and Erickson notebook PC's!!!

[Dog Gone]

The Guardian, in typical fashion, thinks that the solution is for the europeans to surrender the last of their sovereignty in favor of some continental fiscal policy. There's actually an argument to be made in favor of that so long as the residents of Italy don't mind being dictated to by bureaucrats in Brussels, and the Polish don't mind their tax policies set by weasels in Paris.

I think the EU is doomed to fail, but it won't fail until it's painfully obvious to the rest of us that it already has, which means it still has several more years, perhaps even 20, remaining.

[PhilDragoo]

Germany's unemployment is over twice ours, and Schroeder says Europe does need to change--

Oh, but surely not to resemble the awful Americans.