European GDP Takes a NoseDive. “In 2012, they didn’t have a single quarter of growth.” “The multiplier effect of government spending is 0.” Well, if the Keynesian stuff isn’t working, the EU will just have to adjust the meaning of “working”.

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12 Comments on "European GDP Takes a NoseDive"

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jacksman
Member

I just can believe no one saw this coming! do we not teach economics in school anymore?

poppajoe49
Member

Yes, but it’s progressive/socialist economics.

flashingscotsman
Member

The course is remarkably similar to Butt Scratching 101. Same teachers.

Not so silent
Member

Socialist Greed!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! It’s Ron Paul’s fault!!!!!!!!!!!

Dan
Member

They just gotta spend more!! FORWARD!!

Jim Stewart
Member

That’s right! The 75 percent tax rate should restore the French economy and everyone will be on easy street. And I have some land to sell in south Florida. It has a great ocean view when the tide is out.

Fenster314
Member

Relax, socialist France is on the job. They’ll be wringing out those E-vil rich dudes to the tune of 75+ percent. Not only will that pay off the debt but build Euro-Disneylands in every member country.

poppajoe49
Member

Refer to this post by Karmaa:
http://www.ihatethemedia.com/tips/comment-page-79#comment-249073

It will detail how well the French model will work.

Progressive Hemrrhoid
Member
Progressive Hemrrhoid

Coming soon to a NYSE near you. If it wasn’t for all the creative accounting that’s been going on it would have already happened.

ooddballz
Member

Yeah PH. I never got a in the circus because I couldn’t juggle balls.
I never got a job as an accountant because I can’t juggle books either.

ooddballz
Member

Great, my timing has always been lousy. I move to Europe because the economy is better (among other reasons) and now this.

Man I wish the Euro would just tank already, so Germany can pull out.

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