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To: NVDave
The reason why Greece is in trouble (and Italy, and Spain) is that the southern European nations have a long history of shiftless, lazy bums grifting off the public tit while dodging and cheating on their taxes.

And despite all the cheating, the CIA World Factbook estimates their tax revenue was $109 billion last year for GDP of $339 billion. A bit over 32%. Doesn't sound like they're suffering from a lack of tax revenue.

60 posted on 02/18/2010 3:05:18 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot

I read in FT that Greece’s retirement age is 55. That’s why Chancellor Merkel of Germany is ticked-off. Germany’s is 67 (if I remember the article correctly).


61 posted on 02/18/2010 5:00:05 PM PST by 1rudeboy
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