The European Disease (user search)
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Author Topic: The European Disease  (Read 2493 times)
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jfern
Atlas Institution
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Posts: 53,879


Political Matrix
E: -7.38, S: -8.36

« on: June 03, 2005, 07:28:44 PM »

It is bad for the economy overall. It has resulted in stagnant growth and high employment. I know what you'll say to this- the unemployed are well off, since they have a generous welfare state to fall back on!

Yes, I would say that.  Also I would note that they need far less growth as their populations are not really growing much at all anymore.

Their economy is probably growing faster once you factor in population growth and inflation.
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