The Continent's major economies beat GDP expectations in the second quarter of the year, resulting in the strongest growth in six years. The euro zone grew almost 1 percent last quarter, outperforming the United States, Britain and Japan. The upshot is that the euro zone will likely grow about 2.5 ...
08-28-2006, 11:48 AM
| #1 | ||||
| Unite for Dems or Liberty Dies  Progressive Philadelphia, PA 
| Europe growing faster than America The Continent's major economies beat GDP expectations in the second quarter of the year, resulting in the strongest growth in six years. The euro zone grew almost 1 percent last quarter, outperforming the United States, Britain and Japan. The upshot is that the euro zone will likely grow about 2.5 percent this year—up from 1.3 percent in 2005. What's more, Slow Europe is now creating jobs faster than the United States: France and Germany in particular saw strong jumps this spring and summer. Europe Growing Faster Than America - Newsweek: International Editions - MSNBC.com So much for America beating out the "welfare socialist" states of Germany and France | ||||
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08-28-2006, 12:07 PM
| #2 | ||||
| Banned  Conservative Government is another way to say Better Than You
| but what does it all meeean... | ||||
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08-28-2006, 12:17 PM
| #3 | ||||
| Pinko Commie Bastard  Communist Moscow
| they need to continue making lots of jobs to get rid of that 10% unemployment  | ||||
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08-28-2006, 12:29 PM
| #4 | ||||
| Liberty, now and forever  Libertarian Party DFW
| Well, when you have double digit unemployment it's hard NOT to have more job creation than a nation running at 5% or less unemployment.  | ||||
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08-28-2006, 12:32 PM
| #5 | ||||
| Banned Conservative Government is another way to say Better Than You
| thread backfire why the constant attempts to make america look bad, thorgrim? | ||||
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08-28-2006, 12:37 PM
| #6 | ||||
| Liberty, now and forever Libertarian Party DFW
| Also: 2.5% growth for the year, while better than last year for Europe, is still slower than the U.S., which has been averaging growth in the mid-3% range for the last few years. | ||||
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08-28-2006, 12:43 PM
| #7 | ||||
| Pinko Commie Bastard Communist Moscow
| Newsflash: China at 8%  | ||||
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08-28-2006, 12:44 PM
| #8 | ||||
| Perpetual Noob Independent
| Originally Posted by thomez China > US
/thread | ||||
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08-28-2006, 12:44 PM
| #9 | ||||
| Liberty, now and forever Libertarian Party DFW
| Originally Posted by thomez China is going to be a monolithic financial powerhouse if they continue the capitalistic reforms they've been on for the past few years.
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08-28-2006, 01:18 PM
| #10 | ||||
| Common Sense Conservative  Realist
| I'm curious about the growth of the new EU countries vs. "old europe" . | ||||
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08-28-2006, 01:48 PM
| #11 | ||||
| Unite for Dems or Liberty Dies Progressive Philadelphia, PA
| Originally Posted by ballz2wallz It's the title of the article
I guess we should label Newsweek a terrorist organization? Maybe bomb their HQ? | ||||
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08-28-2006, 01:50 PM
| #12 | ||||
| Administrator  libertarian Oklahoma
|  nice...the GDP of the US is growing much faster than the EU's, period as your article states 2.5% is expected growth this year, last year I thought the WSJ said it was 2.4% but maybe not. The US is expected to come in between 3.5 and 3.8% but they're growin faster?  | ||||
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08-28-2006, 01:51 PM
| #13 | ||||
| Administrator libertarian Oklahoma
| Originally Posted by Publius Someone that can read between the lines
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08-28-2006, 01:52 PM
| #14 | ||||
| Banned Conservative Government is another way to say Better Than You
| Originally Posted by Thorgrim this:
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08-28-2006, 01:55 PM
| #15 | ||||
| Unite for Dems or Liberty Dies Progressive Philadelphia, PA
| It's a simple fact, we were beating europe in certain aspects, now they've taken the lead | ||||
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08-28-2006, 02:01 PM
| #16 | ||||
| For those about to rock...  libertarian Atlanta, GA
| Originally Posted by Thorgrim what aspects are you talking about, specifically?
down with ambiguous statements  | ||||
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08-28-2006, 02:03 PM
| #17 | ||||
| Unite for Dems or Liberty Dies Progressive Philadelphia, PA
| Originally Posted by 6SpeedTA95 Too bad the BLS unemployment rating has its weaknesses in its accuracy
We have unemployment equal to some of the booming times of the late 90s, yet we both know the lower and middle class aren't doing nearly as well as now they did then Also, the US had "double digit" unemployment in 82 and 83, I don't think anyone would say the US had a laughable economy for two years | ||||
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08-28-2006, 02:08 PM
| #18 | ||||
| One American Family at a Time.  Idealist The OC, California
| Originally Posted by Thorgrim
I think that there are two types of economy. One on paper. And the way it actually is for the people. Right now I think the US looks good on paper. But, you are right, lower and middle classes are struggling. | ||||
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08-28-2006, 02:08 PM
| #19 | ||||
| Banned Conservative Government is another way to say Better Than You
| Originally Posted by IminWonderland how so?
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08-28-2006, 02:10 PM
| #20 | ||||
| Unite for Dems or Liberty Dies Progressive Philadelphia, PA
| Originally Posted by ballz2wallz Inflation has taken its course and real wages has fallen
You guys want to consider the economy great when IT guys who used to make 70,000 a year in the 90s are now making 25,000 a year at walmart in 2006 | ||||
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