Music Banter - View Single Post - American Presidency Campaign
View Single Post
Old 01-16-2012, 08:57 AM   #117 (permalink)
Rubato
Account Disabled
 
Join Date: Dec 2011
Location: Ireland
Posts: 230
Default

Quote:
Originally Posted by Janszoon View Post
I agree with everything you say here, but I do always wonder how feasible it actually is to take a European-style approach to things in a country the size of the US. With the exception of Japan, it seems like all of the ten largest countries on the planet struggle with quality of life issues for huge segments of their population. I don't know what the solutions are. I wish I knew. I do have a nagging suspicion, though, that the European model might simply not work above a certain size population.
America has a lot of wealth, unfortunately the vast majority of it is being hoarded by the minority, if they actually began to pull their own weight there would be more than enough there to support a European model. The problem is that there is a general fear that placing any burden on the wealthy will just see them looking elsewhere, Ireland has the same problem with its low corporate tax rate, that's why the EU is seeking a common consolidated corporate tax base to end the competition between member states that only end up placing more burden on the working class.
Rubato is offline   Reply With Quote