Advertise On EU-Digest

Annual Advertising Rates

10/2/07

The Huffington Post: A Peaceful Revolution: What's the Economy For, Anyway? : "U.S. under-performs almost every EU nation" - by John de Graaf

For the complete report from The Huffington Post click on this link

A Peaceful Revolution: What's the Economy For, Anyway?:"U.S. under-performs almost every EU nation" - by John de Graaf

Thomas Pynchon once wrote that if you can get people to ask the wrong questions, you don't have to worry about the answers. In some ways, American conservatives have been masters of that. "Wouldn't you like a tax cut?' "Do you trust the government?" "Can't you spend your money better than government can?" These are the kind of questions they ask and for many Americans, the answers seem deceptively simple -- "sure I'd like to have more money, who wouldn't?"

What we've found is shocking: in almost every area of quality of life, health outcomes, economic fairness and sustainability, the U.S. under-performs almost every western European nation and many poorer nations as well. Moreover, the U.S. has seen significant relative declines since the mid-1970s, the beginning of our slide into right-wing economic policy. Unfortunately for some strange reason, maybe not so strange to those who understand how the global economic system works, the EU feels it has to emulate the US. "

No comments: