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| Subject: US and European Economies? | |
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Author: Mark Tirpak |
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Date Posted: 13:47:23 09/28/06 Thu In reply to: Mark Tirpak 's message, "Articles to read, press releases, etc." on 05:47:52 09/16/06 Sat CRP Students specializing in economic development might find this FAIR news round-up interesting - Favorite quote: Economist Mark Weisbrot argued recently (Knight-Ridder, 3/30/06): "The idea that labor protections are the cause of European unemployment is part of an overall myth that Europeans would benefit from a more American-style economy. The U.S. economy is said to be more competitive, yet we are running a record trade deficit of more than 6 percent of GDP, and the European Union is running a trade surplus. The U.S. economy is supposedly more dynamic, but French productivity is actually higher than ours. Their public pensions, free tuition at universities, longer vacations (4-5 weeks as compared with 2 weeks here), state-sponsored daycare, and other benefits are said to be unaffordable in a 'global economy.' But since these were affordable in years past, there is no economic logic that would make them less so today, with productivity having grown- no matter what happens in India or China." Mark US Media to French Youth: Fight for your right to be fired http://www.fair.org/index.php?page=2855 [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| Pay to be Saved - The Future of Disaster Response | Mark Tirpak | 17:37:13 10/03/06 Tue |