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Europe: Yet Another Reason They Dislike Us – Europe is rich, but the United States is richer.
The Hoover Digest ^ | Winter 2005 | Russell A. Berman and Arno Tausch

Posted on 03/04/2005 3:09:01 PM PST by quidnunc

The heightened tensions between the United States and Europe since 2000 have been widely discussed in terms of competing foreign policy visions. The Bush administration’s insistence on a robust and independent response to terrorism contrasted with the frequently more cautious European policies. At the end of the day, these complex alternatives seemed to boil down to a choice between unilateralism and multilateralism, a distinction that took on a polemical sharpness during the U.S. presidential election.

Although different approaches to terrorism, Afghanistan, and Iraq—not to mention the conflict between Israel and the Palestinians—have contributed significantly to the transatlantic distemper, there is also an economic dimension that underpins European suspicion of the United States and encourages a rhetoric of anti-Americanism in intra-European political discourse.

Performance anxiety

In 2000 the European Union initiated its so-called Lisbon Process, with the stated goal of becoming “the most competitive and dynamic, knowledge-based economy in the world, capable of sustainable economic growth, creating more and better jobs and greater social cohesion” by the year 2010. To aspire to a more dynamic economy is hardly controversial, but the Lisbon Process was also, in effect, a unilateral declaration of competition with the United States. The race between the euro and the dollar on world currency markets added to the sense of competition between two systems that had once been considered part of an integrated “Atlantic West” in the not-so-distant years of the Cold War.

-snip-

(Excerpt) Read more at hooverdigest.org ...


TOPICS: Business/Economy; Editorial; Extended News; Foreign Affairs; Miscellaneous
KEYWORDS: eu
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1 posted on 03/04/2005 3:09:02 PM PST by quidnunc
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To: quidnunc
Europe: Yet Another Reason They Dislike Us ? Europe is rich, but the United States is CHEAPER for Vacations?

?What?

2 posted on 03/04/2005 3:14:38 PM PST by maestro
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To: quidnunc

It's all about envy, and always will be.


3 posted on 03/04/2005 3:17:22 PM PST by Mr. Mojo
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To: quidnunc

Nice and informative article. Although we already all figured that was the case anyway ;)


4 posted on 03/04/2005 3:18:30 PM PST by modest proposal
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To: maestro
Europe is rich, but the cost of living there is killer.
5 posted on 03/04/2005 3:27:20 PM PST by billorites (freepo ergo sum)
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To: billorites
Europe is rich, but the cost of living there is killer.

? watch-wait?

/high U.S.A. gas prices (mobility)?

6 posted on 03/04/2005 3:32:26 PM PST by maestro
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To: quidnunc

actually one of the tiny (even for European) countries, like Lichtenstein has a higher per capita income than the U.S. also, one of the Scandinavian ones, like Norway, is also higher. still, there is at most only a few million people living in each country.


7 posted on 03/04/2005 3:36:15 PM PST by paulmartin
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To: quidnunc

Does anybody have a link to that Vienna Chamber of Labor report the guy quotes ? I've never heard of it.


8 posted on 03/04/2005 3:44:28 PM PST by buwaya
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To: paulmartin
paulmartin wrote: actually one of the tiny (even for European) countries, like Lichtenstein has a higher per capita income than the U.S. also, one of the Scandinavian ones, like Norway, is also higher. still, there is at most only a few million people living in each country.

Not So!

If the European Union were a state in the USA it would belong to the poorest group of states. France, Italy, Great Britain and Germany have lower GDP per capita than all but four of the states in the United States. In fact, GDP per capita is lower in the vast majority of the EU-countries (EU 15) than in most of the individual American states. This puts Europeans at a level of prosperity on par with states such as Arkansas, Mississippi and West Virginia. Only the miniscule country of Luxembourg has higher per capita GDP than the average state in the USA.

Read about it here:

http://www.timbro.com/euvsusa/pdf/EU_vs_USA_English.pdf

9 posted on 03/04/2005 3:46:19 PM PST by quidnunc (Omnis Gaul delenda est)
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To: quidnunc

Europe, as a whole is much poorer than the U.S. even many European countries are poorer, per capita, than many U.S. states. but, individually, in some European countries, Lichtenstein and Norway, the per capita income is higher than that of the whole U.S.


10 posted on 03/04/2005 3:52:36 PM PST by paulmartin
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To: Mr. Mojo

That is why (IMHO) the Tenth Commandment is the most important.


11 posted on 03/04/2005 3:52:53 PM PST by sodpoodle (sparrows are underrated)
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To: quidnunc

Europe, as a whole is much poorer than the U.S. even many European countries are poorer, per capita, than many U.S. states. but, individually, in some European countries, Lichtenstein and Norway, the per capita income is higher than that of the whole U.S. also, the bigger European economies you mentioned are poorer, and the ones that are richer tend to have few people living there. i.e. in Lichtenstein more people work there than live there (they commute from other countries).


12 posted on 03/04/2005 3:54:18 PM PST by paulmartin
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To: quidnunc

It's hard to know how much new anti-Americanism there is, since our press has taken such delight in "discovering" a decades-old phenomenon as a tactic to try to discredit President Bush. I think the real reason behind much of the current anti-Americanism is that we have (mostly) avoided Socialism, and we're doing great economically, while Europe has whole-heartedly embraced Socialism, which was supposed to bring utopia on Earth, and its economies are struggling.


13 posted on 03/04/2005 6:56:35 PM PST by exDemMom (Democrats must care deeply about the poor--they want so many of them!)
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To: paulmartin; quidnunc
Liechtenstein and Norway are not EU members, and the EU was the subject of comparison in the Timbro study. So perhaps that is the source of your disagreement. Norway is awash in oil money and Liechtenstein is a tiny banking state. The only really positive story is this:

According to United Nations statistics, per capita purchasing power in the United States in 2002 was $35,750, which was surpassed only by Luxembourg, Norway, and Ireland among E.U. nations.

Ireland! 25 years ago, who would have thought that? Their turnaround is an extraordinary story.

14 posted on 03/04/2005 9:31:11 PM PST by untenured
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To: untenured

sorry to get picky, but while Liechtenstein and Norway are not part of the EU, they are European. also, perhaps the country was Luxembourg. the original reply had some tiny country, like Lichtenstein. plus, there are more reports than the Timbro study. it was simply a pointing out that some European counties have a higher per capita income than the U.S.


15 posted on 03/04/2005 9:42:49 PM PST by paulmartin
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To: quidnunc

In my opinion, broad articles like these based on simple PPP computations are usually too lightweight to be relied on.


16 posted on 03/05/2005 7:34:23 AM PST by snowsislander
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To: Mr. Mojo

Envy about what? About living in fashionable Midwest? Your culture? Your smartness? I don't think so


17 posted on 08/25/2005 8:03:12 AM PDT by europride
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To: europride
How goes it, Eurotrash?

You mostly envy our power and individual courage, but the list is long indeed.

Got bandwidth?

18 posted on 08/25/2005 10:19:18 AM PDT by Mr. Mojo
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To: Mr. Mojo

why am I talking to some stupid redneck called Mr Mojo, anyway?


19 posted on 08/26/2005 1:14:29 AM PDT by europride
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To: europride

yes, I got bandwidht. What about you, got a passport? Then come over here and check how eurotrashes live. Get a life.


20 posted on 08/26/2005 1:19:05 AM PDT by europride
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