World Affairs Board - View Single Post - German Unemployment reaches 6 year high: nearly 11%; European Socialism at work

**Gio** · 12-04-2004, 16:31 PM

What are you smoking Ray? Our unemployment rate is 5.4%, one of the lowest in the industralized world. You've been listening to the DNC just a little too much, sir. Great depression rates were near 25%

And yes one absolutely can compare Germany to the US, in the heyday of the Carter years our unemployment was near double digits, as was inflation. Now, Germany has less inflaiton but we had it worse when the two are added to get the misery index.

This can totally be blamed on the current social democratic govt of Germany for failing to stand up to the unions and push forward with free market reforms.

12-04-2004, 16:31 PM	#15 (permalink)
Gio Administrator Join Date: 08-02-03 Location: Westwood, Los Angeles, California Posts: 918 Country:	What are you smoking Ray? Our unemployment rate is 5.4%, one of the lowest in the industralized world. You've been listening to the DNC just a little too much, sir. Great depression rates were near 25% And yes one absolutely can compare Germany to the US, in the heyday of the Carter years our unemployment was near double digits, as was inflation. Now, Germany has less inflaiton but we had it worse when the two are added to get the misery index. This can totally be blamed on the current social democratic govt of Germany for failing to stand up to the unions and push forward with free market reforms.