Wednesday, November 30, 2005

Eeyoo, its the EU

Interesting speech by Helle C. Dale about the EU's future prospects. Stunning statistics:

Let’s compare the EU with the United States. Total employment in the EU stands at 63 percent. In the U.S. it is 75 percent as measured by 15–64-year-old members of households. Where the Unit ed States has 5 percent unemployment, France has 10 percent and Germany has 11 percent. Between 1990 and 2003, the U.S. economy created almost 20 million new jobs. Italy, Germany, and France combined created 3 million. If current trends con tinue, per capita income will go up in Germany over the next 20 years by 44 percent, while it will double in the United States.

Europe continues to lecture the US on its misguided ways. Meanwhile, they continue to base their policies on theory while the US continues to adjust a working model.

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