http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=1131518WASHINGTON, Jan 7 (Reuters) - A top White House economic adviser warned on Friday the U.S. economy could become "more like those of Europe" if taxes were raised to stabilize Social Security for the long haul.
"That is not the direction we should be heading," the chairman of the Council of Economic Advisers, Gregory Mankiw, told a conference in Philadelphia sponsored by the American Economic Association.
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THIS threat works because everyone in the US knows the US economy and the US system of doing things is the BEST IN THE WORLD.....most Americans do NOT know about 4-6 weeks paid vacation, year long unemployment insurance, health care, etc
when I was teaching German and business German, it was interesting to see the American students' shock at some of the 'safety net' features Germans take for granted...some tried to 'explain' it away by saying 'of course, Germany is a socialist country'...
when I was in Germany during Reagan's terms, some older Germans would praise his hard line on the Soviet Union and complain about their government.....they were totally shocked when I talked about the lack in the US of safety features they took for granted