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chuckmann ponders:
"As someone of French descent (aka a Frenchie) I have to ask what nation in its right collective mind would welcome a bunch of Frenchies anyway?"
And France can't afford these services as it is. It's going to be a harsh reality for socialistic countries, as we have started to see.
When emerging economies become even more competitive, and they will, what would France do? This is a question that countries like France and indeed many European countries must ask itself. For people who care about the future of their countries and next generations, and socialists often claim so, then they must cope with this question and come up with pragmatic solutions.
chuckmann ponders:
"As someone of French descent (aka a Frenchie) I have to ask what nation in its right collective mind would welcome a bunch of Frenchies anyway?"
Quebec
I love this post! Cracked me up.
Because, we all know Quebec is it's own nation......at least in the minds of it's citizens...
When emerging economies become even more competitive, and they will, what would France do? This is a question that countries like France and indeed many European countries must ask itself. For people who care about the future of their countries and next generations, and socialists often claim so, then they must cope with this question and come up with pragmatic solutions.
First things first. There's an awful lot of time and effort needed in cleaning up the messes made by moonbat non-socialists. Addled Austrians...loopy Libertarians...no-account Neocons. How do people get taken in by this bunch anyway?
Will it go the direction of Greece and the economy collapses and then there's austerity? Or will it be more like Germany which has a healthy welfare system that it can easily afford. They also have fundamental difference in implementation. France is HUGE on wealth redistribution, Germany is less so. For example, your pension in Germany it's closely tied to your earnings. A German making $64k/yr (~$85k in usd) would get a pension of $2,500/mo ($3,350/mo usd). In the US, someone earning $85k/yr would get only $2,000 usd ($1,500 euro), less than half. Partly that's because we have a smaller safety net. Germany has a 19.6% tax on income versus the US 15.3%.
Germany's pension system is a straight percentage. Earn twice as much money? You get twice as much pension. The US is big on wealth redistribution. If you earned $42.5k, you wouldn't get $1,000/mo here. You'd get $1,245. Not huge. But lower it by another 50%. If you made $21.25k/yr, you'd be getting $850, 70% more than your income merits.
I think Germany is in a tough spot because they're bonded to Europe and Europe is bonded to them.
I think Germany is in a tough spot because they're bonded to Europe and Europe is bonded to them.
There are plusses and minuses for them. On the other hand, the Euro is lower than a German currency would be so that makes their (Germany) exports cheaper. Having 1 currency for a low labor production countries like Greece and Spain versus high producing countries like Germany and Netherlands has its challenges especially when they are completely different political countries. I guess the Euro will make it but...
Nothing that The Telegraph publishes is actually interesting. They are lower than a supermarket tabloid.
Go search for it on google. You can find lots of articles on the topic. The New York Times ran several stories on it too.
It's France's loss, not anybody else's. This is a potential gain for Germany, the uk, the US, and perhaps East Asia. If the French don't want to do anything constructive, that is their choice and it comes with consequences.
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