Reading Chris Stirewalt’s column on Fox News First just now, one of the items jumped off the page, setting me off to do some research.
Mr. Stirewalt quoted Louisiana’s Democrat Senator, Mary Landrieu, who told a luncheon audience that, “It’s embarrassing to me to go to places like France and Spain ... and their workers all manage to have health insurance that can’t be taken away.”
Immediately Googling France’s economy, the first article of my search results was titled, "Bonjour Tristesse: The Economic and Political Decline of France,"
Written by Mathieu von Rohr of Spiegel on-line, here are two paragraphs.
“François Hollande never intended to become a king, but rather a "normal president," as he put it, and now he has to play one nonetheless. He occasionally seems like an actor who has somehow ended up in the wrong play.
Outside, throughout the country, unemployment reaches new highs each month, factories are shut down daily, hundreds of thousands take to the streets to protest gay marriage, and the French are increasingly outraged over a barrage of new political scandals as the country hovers on the cusp of waning global relevance. Yet this roar of dissatisfaction doesn't permeate the walls of Hollande's world. Here, it is quiet, very quiet.”
Next, I looked up Spain, finding that, according to The Globe and Mail via Reuters: “Spain’s reform progress and a correction in its fiscal and external imbalances are helping it to stabilize its economy, but urgent action is needed to create jobs and stimulate growth, the International Monetary Fund said.
The IMF, in a yearly assessment of Spain’s economy, on Friday projected a slow and difficult turnaround from eight straight quarters of contraction and said unemployment, which stood at 26.3 per cent in the second quarter, was too high.”
So, here we have this Louisiana ditz-head senator, bemoaning the fact that U.S. workers don’t have irrevocable health care and using two destitute nations to support her point.
Or perhaps, that’s what she wants. Because its well known that France's Hollande is a hard core socialist, sending the nation’s economy into decline immediately after his election.
According to Mark Deen of Bloomberg on-line on June 24 of this year, “About 31 percent of voters have a “good opinion” of the Socialist president, down from 61 percent just after his election a year ago and from 35 percent in May, BVA said in a survey for L’Express magazine and Radio France.
The decline comes as France’s economy remains stuck in recession and jobless claims are at their highest on record. None of Hollande’s predecessors showed such low ratings just one-year into their terms.”
And as far as Spain goes, I think an unemployment rate of more than 26% speaks for itself.
Consequently, it never ceases to amaze me that hard core leftists never seem to figure out that nations run on their economies first and foremost. They further don’t ever seem to grasp the point that in order to finance all their programs, the money has to come from somewhere beside the presses of the Federal Reserve.
But, unfortunately for the rest of us, most Democrats, and especially the hard core left, don’t even know that there’s a course they can take called Economics 101, which will explain in the simplest terms about how income producers are always the only one's that pay the bills.
That’s it for today folks.
Adios
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