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It’s no accident that the social democracies — Sweden, France and Germany, who kept on paying high wages — now have more industry than the United States or the UK. During the ’70s, ’80s and ’90s, the Anglo-Americans, the neoliberals, The Economist crowd, and the press generally, would taunt the social democrats in Europe: “You’d better break the unions.” That’s the way to save your industry.
Indeed, that’s what the United States and the UK did: They smashed the unions, in the belief that they had to compete on cost. The result? They quickly ended up wrecking their industrial base. But Germany, Sweden and France ignored the advice of the Anglo-Americans, the Financial Times elite, the banking industry: Contrary to what they were told to do, they did not wreck their unions. What We Can Learn: An Excerpt from Were You Born on the Wrong Continent? -- In These Times
I guess the Germans don't have bible thumping redneck astroturf bobblehead Tea Party types living among them.
That's a good point. If social democracies are inherently bad, then why haven't these countries succumbed to Greece's fate? Another question I have is, how did Greece and Portugal end up with a different fate than Sweden and Germany? Maybe it was some other factor? I really don't know.
The reduction of wages and salaries is the goal of the global elite. It will happen to other countries if they get their way. Thank Clinton for signing on to both NAFTA, CAFTA, GATT/WTO, other free-trade agreements that benefits multi-national corporations and not small businesses, and our most favored trading status with China that opens up the floodgates for all the outsourcing. Clinton could have stopped all of that and vetoed each bill, but he's just as complicit as the GOP Congress that drafted up the agreements that eventually sold us down the river. Your man Clinton is just as evil and guilty as the Gingrich/Thurmond-led GOP
It’s no accident that the social democracies — Sweden, France and Germany, who kept on paying high wages — now have more industry than the United States or the UK. During the ’70s, ’80s and ’90s, the Anglo-Americans, the neoliberals, The Economist crowd, and the press generally, would taunt the social democrats in Europe: “You’d better break the unions.” That’s the way to save your industry.
Indeed, that’s what the United States and the UK did: They smashed the unions, in the belief that they had to compete on cost. The result? They quickly ended up wrecking their industrial base. But Germany, Sweden and France ignored the advice of the Anglo-Americans, the Financial Times elite, the banking industry: Contrary to what they were told to do, they did not wreck their unions. What We Can Learn: An Excerpt from Were You Born on the Wrong Continent? -- In These Times
I guess the Germans don't have bible thumping redneck astroturf bobblehead Tea Party types living among them.
Europe thanks us for being so greedy and stupid.
With a 29.41% corporate tax rate, their businesses can compete in the world market while paying union wages.
It’s no accident that the social democracies — Sweden, France and Germany, who kept on paying high wages — now have more industry than the United States or the UK. During the ’70s, ’80s and ’90s, the Anglo-Americans, the neoliberals, The Economist crowd, and the press generally, would taunt the social democrats in Europe: “You’d better break the unions.” That’s the way to save your industry.
Indeed, that’s what the United States and the UK did: They smashed the unions, in the belief that they had to compete on cost. The result? They quickly ended up wrecking their industrial base. But Germany, Sweden and France ignored the advice of the Anglo-Americans, the Financial Times elite, the banking industry: Contrary to what they were told to do, they did not wreck their unions. What We Can Learn: An Excerpt from Were You Born on the Wrong Continent? -- In These Times
I guess the Germans don't have bible thumping redneck astroturf bobblehead Tea Party types living among them.
You forget to mention, they have trade tariffs on all imports into Germany, too!!!!
That's a good point. If social democracies are inherently bad, then why haven't these countries succumbed to Greece's fate? Another question I have is, how did Greece and Portugal end up with a different fate than Sweden and Germany? Maybe it was some other factor? I really don't know.
The "other factor" is they don't compensate for high marginal corporate tax rates with low wages the way we do in the US.
It’s no accident that the social democracies — Sweden, France and Germany, who kept on paying high wages — now have more industry than the United States or the UK. During the ’70s, ’80s and ’90s, the Anglo-Americans, the neoliberals, The Economist crowd, and the press generally, would taunt the social democrats in Europe: “You’d better break the unions.” That’s the way to save your industry.
Indeed, that’s what the United States and the UK did: They smashed the unions, in the belief that they had to compete on cost. The result? They quickly ended up wrecking their industrial base. But Germany, Sweden and France ignored the advice of the Anglo-Americans, the Financial Times elite, the banking industry: Contrary to what they were told to do, they did not wreck their unions. What We Can Learn: An Excerpt from Were You Born on the Wrong Continent? -- In These Times
I guess the Germans don't have bible thumping redneck astroturf bobblehead Tea Party types living among them.
You can type insults but it doesn't help your point.
You can type insults but it doesn't help your point.
The point is in the facts and the facts speak loud and clearly for themselves.
I really do not care if the anyone that fits the description gets insulted as they are a blight on the future of this nation moving forward. If the shoe fits...
The point is in the facts and the facts speak loud and clearly for themselves.
I really do not care if the anyone that fits the description gets insulted as they are a blight on the future of this nation moving forward. If the shoe fits...
You forget to mention, they have trade tariffs on all imports into Germany, too!!!!
Which is what I said. All of our pro multi-national corporate free trade deals, China's favored trading status, all of that pretty much makes tariffs obsolete. I blame both the Gingrich-Thurmond GOP Congress of the 1990s and the Left's hero Clinton on the all-out assault on American businesses and workers in favor of transnationals that are beholden to no flag
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Taxes are 25% lower in Germany
