A Future of High Unemployment

Liberals keep turning to Europe as the model of all things good.  Now I’ll be the first to admit that they’ve got some lovely castles.  And the beer…  To die for.  But as economies go, Europe’s not such a great model.  For the French, over 9% unemployment has been the norm for decades and if you look at the EU as a whole, since its inception, it’s closely mirrored the French rates.

I can’t blame it all on Obama – over the last decade the US government has expanded in grotesque ways.  GW is not innocent in this and Obama ratcheted up the spending exponentially.  And now… we have European unemployment rates.  Coincidence?

I think not!

Unemployment Rates in France and the EU, Google


About Mystic Cowgirl

I worked overseas in the aid game for longer than I'd like to admit and learned several important things: 1) Third World countries aren't poor because America is rich. They're impoverished due to socialist governments that provide neither rule of law nor basic infrastructures; 2) These socialist governments redistribute wealth from taxpayers to the government workers. There's no benefit to the poor or downtrodden, and certainly not to the general welfare in terms of infrastructure improvements. 3) America is moving toward the Third World model. Rule of law has been subverted because equality under the law is disappearing as special interests carve out exemptions to regulations and special favors under the law. The redistribution of wealth to government began decades ago -- total compensation for government employees now outpaces salaries in the private sector.
This entry was posted in Big government, Economy and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s