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EUROPEAN JOB-KILLING MACHINE
NCPA Daily Policy Digest ^ | 9/21/06 | Richard Rahn

Posted on 09/22/2006 3:56:39 PM PDT by bruinbirdman

A major reason the United States has experienced more economic growth than most developed countries is that unions and the government have, for the most part, been sensible enough to recognize both differences in job requirements and in personal preferences, says Richard Rahn, director general of the Center for Global Economic Growth.

Nowhere is this more evident than within the European Union (EU). Rigid work rules have handcuffed employers and employees with mandatory breaks and days off that completely ignore the necessity of "crunch time" at busy firms, or the freedom for employees to choose their own schedules, and to work as hard and earn as much as they wish, says Rahn:

** The predictable result is there has been little growth in private-sector employment in the EU.

** In fact, the United States, with a smaller population, has created more private sector jobs in the last four years than Europe has in the last 20.

** And slow private sector growth has led to sluggish, inefficient economies.

Consider:

** Sweden has created virtually no new net private sector jobs since 1950, and has fallen from the fourth-richest, on a per capita basis, member of the Organization for Economic Cooperation and Development in 1970 to only 16th now.

** Germany is slated to raise its value added tax (VAT) from 16 to 19 percent at the beginning of 2007; this will further dampen consumer demand, and lead to even lower job creation, already at an unemployment rate of more than 10 percent.

** France has a requirement that workers not work more than 35 hours weekly, even if they want to, and the almost impossibility of firing workers, no matter how lazy and incompetent.

Source: Richard Rahn, "European Job-Killing Machine," Washington Times, September 21, 2006.

For text:
For more on International Issues:


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Germany; Government; News/Current Events
KEYWORDS: capitalism; eurosocialism; freemarket; socialism
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1 posted on 09/22/2006 3:56:40 PM PDT by bruinbirdman
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To: bruinbirdman

I'm curious, what do the Europeans make???


2 posted on 09/22/2006 3:59:10 PM PDT by samadams2000 (Somebody important make....THE CALL!)
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To: bruinbirdman

"In fact, the United States, with a smaller population, has created more private sector jobs in the last four years than Europe has in the last 20."

And with that one fact you have to ask yourself just exactly how insane are the idiot American liberals that keep denouncing their own country because it's not enough like wonderful Europe.


3 posted on 09/22/2006 4:00:43 PM PDT by Wuli
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To: bruinbirdman

"Socialism doesn't work" Proof # 34,753,512;)


4 posted on 09/22/2006 4:05:28 PM PDT by Frank_2001
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To: samadams2000

Well there is that A380 jet, wait no...um MOSQUE!


5 posted on 09/22/2006 4:07:19 PM PDT by SF Republican
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To: samadams2000

Leica, Hassleblad, Fiat, some Mercedes, some GM cars, Jaguars, ... same stuff as you get here but with different labels. ;-}


6 posted on 09/22/2006 4:07:57 PM PDT by Ken522
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To: samadams2000

>>I'm curious, what do the Europeans make???<<

Airbus 380's. Eventually.

And Cheese.

The British are good at boiling meat, as I understand.


7 posted on 09/22/2006 4:08:45 PM PDT by RobRoy (Islam is more dangerous to the world now that Naziism was in 1937.)
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To: RobRoy
With a screen name like that, don't be forgettin' the mighty haggis!
8 posted on 09/22/2006 4:13:27 PM PDT by dynachrome ("Where am I? Where am I going? Why am I in a handbasket?")
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To: samadams2000
CIA -World Factbook

France - GDP - per capita (PPP): $29,900 (2005 est.)

Germany - GDP - per capita (PPP): $30,400 (2005 est.)

Italy - GDP - per capita (PPP): $29,200 (2005 est.)

Sweden - GDP - per capita (PPP): $29,800 (2005 est.)

Denmark - GDP - per capita (PPP): $34,600 (2005 est.)

United States of America - GDP - per capita (PPP): $41,800 (2005 est.)

yitbos

9 posted on 09/22/2006 4:15:47 PM PDT by bruinbirdman ("Those who control language control minds. " - Ayn Rand)
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To: bruinbirdman
PPP = purchasing power parity

yitbos

10 posted on 09/22/2006 4:18:00 PM PDT by bruinbirdman ("Those who control language control minds. " - Ayn Rand)
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To: bruinbirdman

Take the hookers out of the equation in Denmark and the number drops to about $18,500.


11 posted on 09/22/2006 4:23:35 PM PDT by Obie Wan
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To: bruinbirdman

Socialism sucks..


12 posted on 09/22/2006 4:24:48 PM PDT by shield (A wise man's heart is at his RIGHT hand; but a fool's heart at his LEFT. Ecc 10:2)
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To: Ken522
A car built as a joint effort of Daimler-Chrysler and Swatch.
13 posted on 09/22/2006 4:28:52 PM PDT by posterchild (Ad astra per aspera)
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To: samadams2000

They are all case workers for Muslim welfare recipients.


14 posted on 09/22/2006 4:31:55 PM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: samadams2000

"...I'm curious, what do the Europeans make???..."

A lot of really good beer. Also, the best shotguns and rifles.


15 posted on 09/22/2006 4:33:41 PM PDT by Renfield
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To: bruinbirdman

"We need to be more like Europe" - John F'in Kerry


16 posted on 09/22/2006 4:37:33 PM PDT by Proud_USA_Republican (We're going to take things away from you on behalf of the common good. - Hillary Clinton)
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To: posterchild

Hey....we saw a whole car lot of those little itsy bitsy cars here the other day........wonder how fast they can peddle them things.


17 posted on 09/22/2006 4:42:29 PM PDT by goodnesswins (I think the real problem is islamo-bombia! (Rummyfan))
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To: samadams2000
I'm curious, what do the Europeans make???

I get some nice Danish butter cookies from time to time.

18 posted on 09/22/2006 4:49:42 PM PDT by radiohead (Hey Kerry, I'm still here; still hating your lying, stinking, guts you coward.)
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To: radiohead
Danes made my parents; then exported them.

yitbos

19 posted on 09/22/2006 4:59:18 PM PDT by bruinbirdman ("Those who control language control minds. " - Ayn Rand)
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To: samadams2000

Cheese, glass and excuses.


20 posted on 09/22/2006 5:07:47 PM PDT by definitelynotaliberal
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