Tuesday, June 08, 2004

The Poor Europeans

Eursoc.com has a piece on a report that suggests that if the EU were part of the United States, it would be one of the poorest states in the Union. So much for the havering from Eurocrats about the EU becoming an economic powerhouse in the world equal to the US. No matter how you cut it, whether you have European or American-style social security, if the money isn't there, neither the rich nor the poor will have much of it.

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