On a related note.....Couldn't happen to a nicer bunch of people. http://www.telegraph.co.uk/finance/10390571/france-hollande-taxes-socialist-farrage.html <B>Down and out: the French flee a nation in despair The failing economy and harsh taxes of François Hollande's beleaguered nation are sending thousands packing - to Britain's friendlier shores</B> By Anne-Elisabeth Moutet7:00AM BST 20 Oct 2013 Today, one out of four French university graduates wants to emigrate, âand this rises to 80 per cent or 90 per cent in the case of marketable degreesâ, says economics professor Jacques Régniez, who teaches at both the Sorbonne and the University of New York in Prague. âIn one of my finance seminars, every single French student intends to go abroad.â By 2014, France's public expenditure will become the world's highest, at 57 per cent of GDP.
One has to imagine that the job situation in Europe is not all that far removed from that in the U.S. It seems there are good jobs but the the training is in the wrong areas, so we have a surplus of workers with these job skills and a dearth with those job skills. Right now, as I write this, there are thousands of jobs available for welders, especially in the Southeast. Certified welders can earn just shy of $50 per hour plus benefits. It is a very reasonable income. Some companies in my area are offering to hire off the street and train a person to weld at company expense on a work study program. Pay averages around 12/hr while learning plus medical and dental benefits.
Yeah, for sure... My exhibit B chart is attached (both of these charts are from an excellent "Irish Credit Bubble" paper by Morgan Kelly at the University College Dublin)... I know what you're saying and that you're not arguing with me. All I am suggesting is that the particular flavor of the gambling money that Spain and Ireland got their hands on meant that, optically, they were able to run very healthy sovereign budgets during the bubble years. Obviously, the natural flip side to that is that, in exchange, you end up with the sovereign - banking system entanglement that makes the ensuing blowup that much more painful for the taxpayer. Again, it's just another manifestation of "The Tab".
Don't y'all worry... Marine Le Pen is leading in the polls, so we're likely to see soon how much better the extreme right-wing is at governing France.
Correct me if I am mistaken, but she has a long, long time to go before an election in France is on the docket. 2017?
No. And "on this site" we have a few who want to leave America. Year after year they're wanting to leave... ; )