Shocking statistics on European government expenditures......
The top 10 global central government expenditures are all European countries and all of these all spend more than 50% of the total output of their economies. This means that 50% of all resources are government directed and the private economy output comprises less than 50% of the total economy....
Here are the WCR’s top 10 state spenders: (1) Ireland, 66.1 per cent of GDP; (2) Denmark, 58.9 per cent; (3) Finland, 56.3 per cent; (4) France, 56.2 per cent; (5) Sweden, 54.5 per cent; (6) Belgium, 53.9 per cent; (7) Austria, 52.9 per cent; (8) Italy, 51.4 per cent; (9) Netherlands, 51.2 per cent; (10) Britain, 51.0 per cent.The typical Democrat looks to Europe for guidance but these nations will fail. Its only a matter of time. From here.
Europe’s increase in public-sector spending, of course, can’t be sustained. Most top-spender countries will be compelled to cut back. OECD Secretary-General Angel Gurria says bluntly: “They have no choice.” If they continue to dispense two-thirds of their respective economies, chances are they’ll live with near-zero economic growth.
If they live with near-zero growth, they’ll need to commandeer more GDP. In this spiral, they’ll never have enough GDP, never enough growth.
posted by glenzo @ 7/26/2011 12:25:00 AM
5 Comments:
Ireland is No. one because it had to bail out the Pvt sector during the GFC.... Previous to that it would have been one of Ur poster chid countries.... One has to look at why gov't spending today is where it is & not just analyze it in isolation.....
The irony the conservative tea party zealots don't get in making their public-spending argument is that they could actually make a difference.... Instead, because of their insane pursuit of some misguided constitutional U.S. ideology, they are likely to run the U.S.A., the Republicans & themselves into the wall, forever consigning their legacy of anti big government to the rubbish heap, which presented as it is now, by a bunch of simple minded, blinkered desperadoes, is the best place for it....
They have no policy other than bring any & all "perceived" big governments down, no detail in their budget debate or anything else other than reciting the U.S. constitution repeatedly like some Islamic fundamentalist reciting the Koran & obviously no leadership as defined by one who cares more about their country than they do about them selves, their party patch or their TV ratings....
They are clearly emboldening the middle ground of the Republican party with there fundamentalist departure from the core Republican thinking & by there willingness to see the U.S. default.... Let's give Michelle Bachmann a shot at the title & see how she goes.... She may mean well, but so did so many extreme right wing nutters littering history....
In the end, all they did & what she'll do, is define the middle ground & erode the capacity of the center right....
Clearly, you have no idea what the Tea Party is all about. Oh yes, now I remember, you are genetically British. This explains some since iconic American event was costly to both the British Crown and the Mercantilists that expected to profit from the colonies but it still does not excuse not knowing what the modern Tea Party is all about.
Just a little history, I know that this will bring tears to your eyes since the original Tea Party in 1773 predates the writing and ratification of the Constitution. But, where did this come from? Oh yes, the old taxation without representation and the British insistence of having the colonies pay homage to powerful Britain. It was a little more than that but you get my drift.
However, this writing of yours shocked me.....They have no policy other than bring any & all "perceived" big governments down, no detail in their budget debate or anything else other than reciting the U.S. constitution repeatedly like some Islamic fundamentalist reciting the Koran & obviously no leadership as defined by one who cares more about their country than they do about them selves, their party patch or their TV ratings....
Originally, there were a bunch of conservative and libertarians that started a group called Porkbusters in 2005 (please note this was a period of Republican Presidency and Congress). You can read about them here..... http://en.wikipedia.org/wiki/Porkbusters
Then the 'Rant Heard 'Round the World' 19 Feb. 2009 took place as you may recall and you can see that here.... http://www.youtube.com/watch?v=wcvSjKCU_Zo
If you think that this is fringe group or a bunch of zealots, then you are sorely mistaken..... A USA Today/Gallup poll conducted in March 2010, found that 28% of those surveyed considered themselves supporters of the Tea Party movement, 26% were opponents, and 46% were neither. These figures have remained stable through January 2011, as has public opinion of the movement. In the USA Today/Gallup poll conducted in January 2011, approximately 70% of adults, including approximately 9 out of 10 Republicans, feel Republican leaders in Congress should give consideration to Tea Party movement ideas.....This is not zealot territory when you garner support with these types of numbers.
Also, I have no problem that if the nation ends up rejecting the call to greater liberty and less government intervention. I have choices as a free person. I can play by the new leftist rules, I can leave the nation or I can fight against statism that has infected the nation's left with violence if necessary.
The nation was founded on violent rejection of tyranny and the nation may again be forced to reject the dead hand of a 'foreign' government with violence.
Oh My God..... In a country formed on a constitution espousing free society / speech under the rule of law, your defending my accusations of fanaticism by suggesting violence would be an appropriate course of action..... The statistics U refer to are from one well chosen source & dated at last Jan 2011..... Let's get a review now & if & when there's no resolution to the budget impasse to see where the nation stands... try taking independent & objective polls this time rather than choose one suitable for Ur blundering argument....
Boehner can't even get his own party in line ! Btw, what is the party called these days, the Club for Growth, Heritage Action, the Tea Party, or it's affiliated FreedomWorks...
Keep beating the fanatical drum my friend, I assure U more will break rank for the higher moral center right ground....
Nick C
Violence? What about this?
The spirit of resistance to government is so valuable on certain occasions, that I wish it always to be kept alive. It will often be exercised when wrong, but better so than not to be exercised at all. I like a little rebellion now and then. It is like a storm in the Atmosphere.
-- Thomas Jefferson, letter to Abigail Adams, 1787-
It is our duty to eliminate tyranny even if it through the use of violence.
And do not forget about one of the greatest philosophers on liberty of the 19th centrury....
A man who has nothing which he is willing to fight for, nothing which he cares about more than he does about his personal safety, is a miserable creature who has no chance of being free, unless made and kept so by the exertions of better men than himself.
-- John Stuart Mill, writing on the U.S. Civil War in 1862
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