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Thread: Europe’s economy is reeling and unemployment could remain high for years...

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    Europe’s economy is reeling and unemployment could remain high for years...

    Europe’s economy is reeling and unemployment could remain high for years, EU warns as it slashes growth forecast | Economy | News | Financial Post

    Europe’s economy is still reeling and unemployment could remain high for years in spite of the progress made in solving the debt crisis, the European Union warned Wednesday as it downgraded its forecasts for the 27-country bloc.

    Even powerhouse Germany is expected to eke out just 0.8% growth now, compared with 1.7% in the spring.
    We are the EU now too.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

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    Re: Europe’s economy is reeling and unemployment could remain high for years...

    Quote Originally Posted by zimmer View Post
    We are the EU now too.
    Only because the republicans push for slashing more jobs and raising taxes on the poor....while cutting them for the rich....that's what the EU is doing...it's called austerity and it's failing.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

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    Re: Europe’s economy is reeling and unemployment could remain high for years...

    Quote Originally Posted by Muddy Creek View Post
    Only because the republicans push for slashing more jobs and raising taxes on the poor....while cutting them for the rich....that's what the EU is doing...it's called austerity and it's failing.
    The poor don't pay taxes, and that's the problem with a Communist Manifesto inspired system of taxation; it's used as a wedge to divide.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

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    Re: Europe’s economy is reeling and unemployment could remain high for years...

    sounds like a great argument against austerity implemented too quickly. when we do it, it has to be phased in slowly enough for the economy to recover around it.

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    Re: Europe’s economy is reeling and unemployment could remain high for years...

    Quote Originally Posted by zimmer View Post
    The poor don't pay taxes, and that's the problem with a Communist Manifesto inspired system of taxation; it's used as a wedge to divide.
    Let me guess. You think 47% of Americans don't pay taxes.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: Europe’s economy is reeling and unemployment could remain high for years...

    Quote Originally Posted by zimmer View Post
    The poor don't pay taxes, and that's the problem with a Communist Manifesto inspired system of taxation; it's used as a wedge to divide.
    Why do you lie? Holy ****. As a kid, didn't your mother tell you not to lie so much? If she didn't, I will: Quit ****ing lying.
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: Europe’s economy is reeling and unemployment could remain high for years...

    Quote Originally Posted by Hatuey View Post
    Why do you lie? Holy ****. As a kid, didn't your mother tell you not to lie so much? If she didn't, I will: Quit ****ing lying.
    I think what he means is that the poor don't pay federal income taxes, and you know perfectly well that's what he meant.

    "The urge to save humanity is almost always a false front for the urge to rule." --HL Mencken

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    Re: Europe’s economy is reeling and unemployment could remain high for years...

    Quote Originally Posted by Muddy Creek View Post
    Only because the republicans push for slashing more jobs and raising taxes on the poor....while cutting them for the rich....that's what the EU is doing...it's called austerity and it's failing.
    I'd be in favor of taxing wealth. I'd love to see what Soros, Gates, Buffett, all those Hollywood types, etc., say to a proposal to take, say, 5% of everything they own every year. The country could generate a lot of revenue that way, possible enough to pay off all the debt. This would only apply to the super rich, of course. And it would also apply to big foundations and other repositories of liberal cash.

    Ask your rich liberal buddies and see what they say.

    "The urge to save humanity is almost always a false front for the urge to rule." --HL Mencken

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    Re: Europe’s economy is reeling and unemployment could remain high for years...

    Quote Originally Posted by LowDown View Post
    I think what he means is that the poor don't pay federal income taxes, and you know perfectly well that's what he meant.
    Ah - you read minds. No he said "the poor don't pay taxes". That's an outright lie.
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: Europe’s economy is reeling and unemployment could remain high for years...

    Europe is always suffering growth in the winter because most European countries are not energy independent at gas.

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