Skip to comments.Greek unemployment surges to 24.4 pct in June
Posted on 09/06/2012 8:13:42 AM PDT by PapaBear3625
ATHENS, Greece (AP) -- Greece's unemployment rate surged to 24.4 percent in June, according to official figures Thursday, as protests continued against a massive new austerity package, with police blocking their colleagues from starting work.
(Excerpt) Read more at hosted.ap.org ...
I think the Greeks are starting to realize that, if the Greek economy breaks completely, there will be no “social safety net” to save them.
I guess they weren’t watching Clinton last night, assuring everyone of better days ahead.
How is that socialism working out for ya?
Bill really wants to get back into the White House via wife getting elected. I have a feeling in weeks we have another bombshell where Clinton stabs Obama in the back so he loses to Romney. That way Hillary can run 4 years from now.
I wouldn’t put ANYTHING past the Clintons, and their ambitions.
They’ll have civil war most likely.
Someone had to say it...:)
I have a hard time seeing her elected now or in the future. Her sell by date was 2008, IMO.
—— I think the Greeks are starting to realize that, if the Greek economy breaks completely, there will be no social safety net to save them ——
And things will return to “the state of nature,” “the law of the jungle,” but really, voluntary exchange —supply and demand. And prosperity will return. Barring, that is, the establishment of a communist dictatorship.
“I think the Greeks are starting to realize that, if the Greek economy breaks completely, there will be no social safety net to save them.”
MASSIVE, UNFINANCABLE DEBT
NO SOCIAL SAFETY NET.
Are we talking about Greece, or the USA ?
Bush’s fault, obviously.
If the TRUE numbers of unemployed in U.S was published, we would find 331?3%, I’m sure. Did those new grads get a job, did all those on SSS get jobs or were they placed there, did all those who gave up looking jobs get put into the ether zone?
How many families that you know have taken in an elderly family member(for social security augmentation), or have a college grad, who still lives at home and can’t find work remotely tied to their area of expertise?
30% unemployment/underemployment is probably accurate, if not conservative.
Actually, I know of 15 people in my Gun Club who are about to go nuts because sons, daughters, mothers, etc. have moved in with them to help out either/ or side. I truly believe (because I ran numbers of the aforementioned situations from PA and Ohio) that 33 1/3 % is a conservative ESTIMATE, without a thorough study. 8.3%? Horseshiite!
33% is entirely possible.
Good. I can’t wait for the entire, socialist totalitarian monstrosity of the EUSSR to come crashing down. The sooner that happens, the better.Then they can ship the Muztards back to their homeland and the West can begin economic recovery.
With the police arguing with each other, that’s good news for those Amish yutes.
That is where socialism takes you,if you let it take root in your country.
It is a cancer that should be treated as just another version of the failed ideology that underpinned Communism and fascism.
They know it. And they are blaming the Germans for it.
Germany and France should leave the EU and wish the rest “Best of luck!”
Socialism doesn’t work. That’s the problem in Greece and here in the U.S.A, growing socialism provided by the democrats.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.