European Study: EU Is At Least 20 Years Behind US Economically

Discussion in 'Current Events' started by Annie, Mar 13, 2005.

  1. Annie
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    Annie Diamond Member

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    I'm sure we'll just stand still, waiting for them to catch up. I'm sure PE will inform us that it has nothing to do with strikes, vacations, hours worked, socialism, :blah2: :blah2: :blah2: :
    http://www.euobserver.com/?sid=9&aid=18646

     
  2. Annie
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    Annie Diamond Member

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    Chrenkoff, (yes the guy with 'Good News from Afghanistan/Iraq in the WSJ) comments on the same study:

    http://chrenkoff.blogspot.com/2005/03/europe-risks-and-opportunities.html

     
  3. nosarcasm
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    nosarcasm Active Member

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    it is ironic, that I read a piece in the Frankfurter Allgeimeine Zeitung FAZ
    yesterday that showed a German government official lamenting that
    many production jobs have been lost to Eastern Europe. While that might
    be partly true his excuse does not really work.

    The socialist will loose the next election. There only hope is that
    the US attacks some "innocent" country or that the right wings neonazis
    can be used to discredit the conservatives per se.
     
  4. Bullypulpit
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    Bullypulpit Senior Member

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    So they're like...20 years behind us in racking up huge budget deficits, huge foreign trade deficits, a falling currency...? You say that like it's a bad thing.
     
  5. Annie
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    Annie Diamond Member

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    Gee Bully, they already a pretty close of the deficit thing, but I was talking about this:


     
  6. Bullypulpit
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    Bullypulpit Senior Member

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    Defense related R&D spending appears tp be the driver behind current R&D spending, while private sector R&D spending remains sluggish. Granted, military R&D produces civilain spinoffs, but from what I've seen, those are years, if not decades out.

    <center><a href=http://www.rdmag.com/ShowPR.aspx?PUBCODE=014&ACCT=1400000100&ISSUE=0401&RELTYPE=PR&ORIGRELTYPE=CVS&PRODCODE=00000000&PRODLETT=J>R&D Funding Forecast; Upturns and Defense Drive R&D in 2004 </a></center>

    Also:

    http://www.battelle.org/news/05/01-10-05R&DFunding.stm

    The article from Battelle indicates that non-defense R&D will remain essentially unchanged interms of real dollars.
     
  7. rtwngAvngr
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    rtwngAvngr Guest

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    Well, it counts. This is a long range article.
     

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