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justplugit 05-22-2010 03:21 PM

Here ya go-
 
NYT article.
5/22/10 -Crisis Imperils Liberal Benefits Expected by Europeans.

"Across Western Europe the "lifestyle superpower", the assumptions and gains
of a lifetime are suddenly in doubt. The defecit crisis that threatens the euro
has also undermined the susutainability of the Europeans social welfare built by left leaning
Governments since the end of World War two."

Let's see, our Capitalistic system has lasted 200 years
vs European Socialism 65 years.
European payback time.

Backbeach Jake 05-22-2010 03:32 PM

Looks to me like after we rebuilt Europe after the Second World War they were enjoying the benefts of our economy....until we effed it all up. And I don't mean the average US citizen.

justplugit 05-22-2010 04:20 PM

Quote:

Originally Posted by Backbeach Jake (Post 769187)
Looks to me like after we rebuilt Europe after the Second World War they were enjoying the benefts of our economy....until we effed it all up. And I don't mean the average US citizen.

I hear ya Fred, all on the backs of the hard working citizens of selfish America. :smash:

Joe 05-24-2010 10:54 AM

Low birth rates coupled with greater life expectancy was cited as major causes - the article explains that down a few paragraphs. In 1950 there were 7.3 working Europeans per pensioner, by 2050 there will only be 1.3

justplugit 05-24-2010 06:00 PM

Going to be the same here as the Baby Boomers retire and fewer
workers to fund Social Security et.


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