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Old 04-15-2007, 10:22 AM   #1
dude1394
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Default Yup...let's do it like europe!

So what exactly is it about europe that we are supposed to be emulating???? The only european country that seems to have it's act together is Ireland.


Quote:
France wrestles with its own decline
http://news.yahoo.com/s/ap/20070414/...GuN_gQ1FoUewgF
....
But while the face will be new, the problems he or she inherits are not, and have defied solutions before:

_The large national debt, proportionately almost the same as the United States', which will limit the new president's room to spend France back into economic and mental health.

_An economy that has stagnated at around 1.5 percent annual average growth since Chirac's 2002 re-election while Germany's is recovering and China's and Britain's have leapfrogged ahead.

_Unemployment that remains stubbornly above 8 percent and topping 20 percent among the under-25s. That age group led three weeks of riots in 2005 in depressed housing projects.

The riots confronted the French with a reality they had long chosen to overlook: of a vast, angry underclass consisting largely of Africans and Arabs distanced from ancestral family values but shut out of the French cultural and economic mainstream.
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