Europeans generally earn about as much for not working as they do on the job; their unemployment insurance is really comfortable welfare.
At
the same time, they are accustomed to government handouts of all
kinds, despite government bankruptcy; the laws of economics mean
nothing to them or their elected officials.
No
wonder Europeans take to the streets whenever belt-tightening is
suggested as the only solution.
Unfortunately,
the majority of U.S. voters are on a similar
lemming-like track. (See the Earl J Weinreb NewsHole® comments and
@BusinessNewshole tweets.)
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