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Germany fears revolution if Europe scraps welfare model
Reuters ^ | May 28, 2013 | by Ingrid Melander

Posted on 05/28/2013 5:20:45 PM PDT by Oldeconomybuyer

German Finance Minister Wolfgang Schaeuble warned on Tuesday that failure to win the battle against youth unemployment could tear Europe apart, and dropping the continent's welfare model in favor of tougher U.S. standards would spark a revolution.

If U.S. welfare standards were introduced in Europe, "we would have revolution, not tomorrow, but on the very same day," Schaeuble told a conference in Paris.

In recent weeks Germany, wary of a backlash as many in crisis-hit European countries blame it for austerity, has taken steps to tackle unemployment in the bloc, striking bilateral deals with Spain and Portugal.

"We have to rescue an entire generation of young people who are scared. We have the best-educated generation and we are putting them on hold. This is not acceptable," Italian Labour Minister Enrico Giovannini said.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Foreign Affairs; Germany; News/Current Events; Politics/Elections
KEYWORDS: euelites; euempire; eurobanking; europeanunion; eussr; failure; germany; schaeuble; socialism; socialmarketeconomy; welfare
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To: Oldeconomybuyer
They're going to have a revolution if they don't scrap their immigration model.
21 posted on 05/28/2013 9:30:19 PM PDT by Trod Upon (Every penny given to film and TV media companies goes right into enemy coffers. Starve them out!)
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To: El Cid
The WESTERN European model worked when the US was protecting France etc. from the Soviets and the French opted out of NATO -- to spend that money saved on freebies for the population

Just as the US over the past 20 years has taken a turn left, former left countries like China, India etc. are turning right....

22 posted on 05/28/2013 10:02:57 PM PDT by Cronos (Latin presbuteros->Late Latin presbyter->Old English pruos->Middle Engl prest->priest)
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To: Oldeconomybuyer

“We have to rescue an entire generation of young people who are scared.”

You have to rescue an entire generation of young people who think that the State owes them a living.


23 posted on 05/28/2013 10:14:09 PM PDT by RonF
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To: El Cid
It grates on my nerves to see socialism espoused in the scripture you cited. The LDS church also has a concept of the "united order" that feeds on the same socialist concepts. Socialism always fails when it runs out of resources to steal from those who work vs those who consume. Is "heaven" a place of inexhaustible resources that requires no work? If so, it might work.
24 posted on 05/28/2013 10:37:38 PM PDT by Myrddin
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