Europe struggling to grow?

[snarlcakes]

Europeans Are Becoming Poorer. ‘Yes, We’re All Worse Off.’

An aging population that values its free time set the stage for economic stagnation. Then came Covid-19 and Russia’s war in Ukraine.

www.wsj.com

Unfortunately, larger governments and more regulations have consequences. Thankfully, the U.S. has a Conservative Party.

 

[DANC]

View embedded media

Europeans Are Becoming Poorer. ‘Yes, We’re All Worse Off.’

An aging population that values its free time set the stage for economic stagnation. Then came Covid-19 and Russia’s war in Ukraine.

www.wsj.com

Unfortunately, larger governments and more regulations have consequences. Thankfully, the U.S. has a Conservative Party.

If they'd legalize guns, it would start up a whole new industry there.

 

[JamieDimonsBalls]

It's always hilarious when people start using Europe as a positive economic model. Companies are fleeing France for other countries and parts of the world like wildfire right now.

 

[CO. Hoosier]

If they'd legalize guns, it would start up a whole new industry there.

Or if the EU would permit a rare hamburger. Kinda goes with the gun thing.

 

[JamieDimonsBalls]

Incredible what can happen in 15 years

 

[DANC]

Or if the EU would permit a rare hamburger. Kinda goes with the gun thing.

I've had their steak tartar. It actually didn't taste bad, but I couldn't get past the idea.

 

[DANC]

Incredible what can happen in 15 years

I have a theory that the US economy has done so well (absent incidents like letting anyone with bad credit buy a house) because business schools have done such a good job educating their graduates.

Today, savvy investors and businesses can shift much more quickly to changing environments in the US. In Europe, they are so tied to unions and bureaucracy, it's almost impossible to shift to a more effective model.

It's almost like the government can't screw it up, unless they start fvcking with laws that make it impossible to do business - i.e. shut down the energy sector.

 

[PhyloeBedoe]

Unfortunately, larger governments and more regulations have consequences. Thankfully, the U.S. has a Conservative Party.

Democrat led California has a larger government with more regulations and its economy its driving the US economy. 5th largest economy in the world on its own.

 

[DANC]

Democrat led California has a larger government with more regulations and its economy its driving the US economy. 5th largest economy in the world on its own.

And people and companies are leaving in droves.

If you think Florida has some natural advantages in weather and tourism, it pales in comparison to California's natural advantages.

 

[hoot1]

View embedded media

Europeans Are Becoming Poorer. ‘Yes, We’re All Worse Off.’

An aging population that values its free time set the stage for economic stagnation. Then came Covid-19 and Russia’s war in Ukraine.

www.wsj.com

Unfortunately, larger governments and more regulations have consequences. Thankfully, the U.S. has a Conservative Party.

My guru on global and European politics is Fareed Zakaria who firmly believes the populist right wing movement in Europe and elsewhere is alive and well. The link in part states...

When I speak to people about right-wing populism these days, I notice that many tend to believe that it’s old news. Populist leaders captured the world’s attention in 2016 with the Brexit referendum and then, later that year, with Donald Trump’s election victory. Now, seven years later, many seem to feel it is past its prime. Trump was defeated in 2020 and is under indictment. Brexit has been a messy failure; a majority of Britons now regret that it passed. But while it’s true that some populist heroes and causes have been battered, the core appeal of the movement persists and has actually gained ground in recent months.

 

[snarlcakes]

Incredible what can happen in 15 years

I saw that graph the other day, as well. I was shocked when I saw it. I read a stat (I can’t recall the exact numbers) a couple of years ago that there had been 50 newly created companies, since 2000, that were worth more than a 100 billion. Only one of them was from Europe.

 

[JamieDimonsBalls]

Democrat led California has a larger government with more regulations and its economy its driving the US economy. 5th largest economy in the world on its own.

Let's check back on this in 10 years. It wasn't long ago that Ronald, Arnold, etc. were in charge over there. They're basically seen as far right kooks at this point.

There used to be a huge push to do more business in California, but unless you are a consumer company, there isn't nearly the urge or need because of costs, regulations, etc.

Net migration was always a huge driver of CA's growth. Now that it has flipped, how long until it becomes a drag?

 

[JamieDimonsBalls]

My guru on global and European politics is Fareed Zakaria who firmly believes the populist right wing movement in Europe and elsewhere is alive and well. The link in part states...

When I speak to people about right-wing populism these days, I notice that many tend to believe that it’s old news. Populist leaders captured the world’s attention in 2016 with the Brexit referendum and then, later that year, with Donald Trump’s election victory. Now, seven years later, many seem to feel it is past its prime. Trump was defeated in 2020 and is under indictment. Brexit has been a messy failure; a majority of Britons now regret that it passed. But while it’s true that some populist heroes and causes have been battered, the core appeal of the movement persists and has actually gained ground in recent months.

Seems like that is in response to many of the EU economic issues

 

[snarlcakes]

I have a theory that the US economy has done so well (absent incidents like letting anyone with bad credit buy a house) because business schools have done such a good job educating their graduates.

Today, savvy investors and businesses can shift much more quickly to changing environments in the US. In Europe, they are so tied to unions and bureaucracy, it's almost impossible to shift to a more effective model.

It's almost like the government can't screw it up, unless they start fvcking with laws that make it impossible to do business - i.e. shut down the energy sector.

That’s interesting. My personal opinion, even though I b#tch about it, the U.S. is still the furthest to the right when it comes to free markets, innovation, and capitalism. You mix in the built in advantages we have from our natural resources, geographical size, natural defenses against foreign invaders and you have why we are so successful.

Not to mention it doesn’t hurt that we are an extremely diverse country, and basically have an unlimited amount of immigrants (who align well with our culture) migrating to the U.S.

The only way I think we can f#ck it up is if we continue to increase government size and debt loads.

 

[snarlcakes]

Democrat led California has a larger government with more regulations and its economy its driving the US economy. 5th largest economy in the world on its own.

A few quick thoughts. California is more fiscally conservative than Europe. Also, it has a lot of built in advantages. Unbelievable climate, access to the coast, access to cheap labor through immigration, and unlimited natural resources. Even with all that said they have had a couple of rough years.

 

[hookyIU1990]

The EU had been a crap show for a decade prior to the Covid fiasco. Greece on the verge of default and needing to be bailed out. Italian productivity at or near all time lows. Germany with horrible energy policy as they failed in their efforts to subsidize green energy into being a workable solution.

 

[hoot1]

Seems like that is in response to many of the EU economic issues

Brad, Zakaria thinks the immigration issue is the driving force.

 

[JamieDimonsBalls]

Brad, Zakaria thinks the immigration issue is the driving force.

Not exactly hoot. It's "uncontrolled immigration" he sees as the issue. I stand by my belief that if the economy and living standards weren't in decline, there wouldn't be as much gathering of populism.

Uncontrolled immigration is just a scapegoat, though a notable contributor to additional problems (higher crime rates, culture clash, etc.).

That's part of the reason I'm such a big proponent of expanding legal, controlled immigration here. We need the bodies, just like Europe, but need to do it in a more effective, quicker (can't be waiting forever) manner.

 

[anon_6hv78pr714xta]

Incredible what can happen in 15 years

Thank you President Obama!

 

[anon_6hv78pr714xta]

Brad, Zakaria thinks the immigration issue is the driving force.

Hoot, are you confusing me for JamieDimonsBalls? I mean, I'm getting older, I realize, but I'm not that wrinkly yet.

 

[hoot1]

Not exactly hoot. It's "uncontrolled immigration" he sees as the issue. I stand by my belief that if the economy and living standards weren't in decline, there wouldn't be as much gathering of populism.

Uncontrolled immigration is just a scapegoat, though a notable contributor to additional problems (higher crime rates, culture clash, etc.).

That's part of the reason I'm such a big proponent of expanding legal, controlled immigration here. We need the bodies, just like Europe, but need to do it in a more effective, quicker (can't be waiting forever) manner.

JBD,

Controlled immigration but quick sounds too good to be true.☺

 

[outside shooter]

Most happy countries in the world: Finland, Denmark, Switzerland, iceland, Netherlands, Norway, Sweden

Must really suck to be so happy. Nothern Europe seems a happy place.

Happiest Countries in the World 2024

worldpopulationreview.com

 

[mcmurtry66]

Most happy countries in the world: Finland, Denmark, Switzerland, iceland, Netherlands, Norway, Sweden

Must really suck to be so happy. Nothern Europe seems a happy place.

Happiest Countries in the World 2024

worldpopulationreview.com

High and/or drunk

 

[JamieDimonsBalls]

JBD,

Controlled immigration but quick sounds too good to be true.☺

It’s all about process design and execution. Part of the reason people hate big government is because it sucks at process design and execution.

 

[dbmhoosier]

Most happy countries in the world: Finland, Denmark, Switzerland, iceland, Netherlands, Norway, Sweden

Must really suck to be so happy. Nothern Europe seems a happy place.

Happiest Countries in the World 2024

worldpopulationreview.com

Seems like there’s one major commonality among those countries. I’m assuming they have very low violent crime for one thing.

 

[JamieDimonsBalls]

Most happy countries in the world: Finland, Denmark, Switzerland, iceland, Netherlands, Norway, Sweden

Must really suck to be so happy. Nothern Europe seems a happy place.

Happiest Countries in the World 2024

worldpopulationreview.com

Ignorance is bliss. This same group of losers goes from being dominated by one country to another (Napoleon, Hitler, etc).

 

[hoot1]

It’s all about process design and execution. Part of the reason people hate big government is because it sucks at process design and execution.

JDB, why doesn't the House hold hearings so it can propose immigration reform which would include process design and execution regarding those seeking asylum ?

Hearings could be held with witnesses from the private sector who specialize in process design and execution.

Heck, if the Executive branch under either Trump or Biden cannot find people to process design and execute controlled and quick immigration maybe Congress should start the process.

 

[outside shooter]

Seems like there’s one major commonality among those countries. I’m assuming they have very low violent crime for one thing.

There several common threads, so I don't know which ones you want to stand behind.

Generally...
higher taxes
more social spending
tighter gun laws
religious and ethnic homogeneity
it's cold
the girls are blonde
more vacation days

 

[snarlcakes]

JDB, why doesn't the House hold hearings so it can propose immigration reform which would include process design and execution regarding those seeking asylum ?

Hearings could be held with witnesses from the private sector who specialize in process design and execution.

Heck, if the Executive branch under either Trump or Biden cannot find people to process design and execute controlled and quick immigration maybe Congress should start the process.

My personal opinion is neither side wants immigration fixed. They both realize our financial situation isn’t sustainable without a sh#t ton of immigration (I don’t think it’s sustainable either way).

 

[JamieDimonsBalls]

religious and ethnic homogeneity

So we should be promoting this more?

 

[Baller23Boogie]

High and/or drunk

Some of those countries only work four days a week and a couple I believe don't even work close to 40 hours.

If family life ever went downhill, I know where I'd be headed.

 

[Spartans9312]

 

[JamieDimonsBalls]

View embedded media

Riots?

 

[Spartans9312]

Riots?

In comparison to Germany, a really low bar, they have politicians who better understand economics

 

[Harry Hondo]

Ignorance is bliss. This same group of losers goes from being dominated by one country to another (Napoleon, Hitler, etc).

No fears of being gunned down in public by a fellow citizen, though. Btw, who has dominated Europe since WWII? I think they’ve evolved past that. However, it seems at least half of this country wants to be dominated by one man, since they are going to make him their nominee once again.

 

[JamieDimonsBalls]

In comparison to Germany, a really low bar, they have politicians who better understand economics

I don’t agree. Have you seen the French work policies?

 

[JamieDimonsBalls]

No fears of being gunned down in public by a fellow citizen, though. Btw, who has dominated Europe since WWII? I think they’ve evolved past that. However, it seems at least half of this country wants to be dominated by one man, since they are going to make him their nominee once again.

Helps not having a more homogeneous population, doesn’t it? Also, the whole drug problem seems to be a domestic issue.

 

[i'vegotwinners]

View embedded media

Europeans Are Becoming Poorer. ‘Yes, We’re All Worse Off.’

An aging population that values its free time set the stage for economic stagnation. Then came Covid-19 and Russia’s war in Ukraine.

www.wsj.com

Unfortunately, larger governments and more regulations have consequences. Thankfully, the U.S. has a Conservative Party.

the US working class has consistently lost ground for over 40 yrs. (good job Reagan and conservatives).

the Euro working class are better off than the US working class.

let's not confuse a Fed fueled ponzi scheme that has to regularly be bailed out by socialism for the rich at the expense of the working class, with "the economy".

 

[snarlcakes]

the US working class has consistently lost ground for over 40 yrs. (good job Reagan and conservatives).

the Euro working class are better off than the US working class.

let's not confuse a Fed fueled ponzi scheme that has to regularly be bailed out by socialism for the rich at the expense of the working class, with "the economy".

No, they aren’t. Socialism sucks. Move to Venezuela and report back.

 

[i'vegotwinners]

No, they aren’t. Socialism sucks. Move to Venezuela and report back.

nice try.

socialism is all that has kept capitalism from going totally bankrupt numerous times in the US in the last hundred plus yrs.

only a total moron wouldn't know that, yet you either didn't or are a lying POS.

which is it? or is it both?