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General Forums => The O' Club => Topic started by: Ike 2K# on December 19, 2004, 10:59:36 PM

Title: TRIMBO REPORT: USA vs EU
Post by: Ike 2K# on December 19, 2004, 10:59:36 PM
Very interesting report.

http://www.timbro.com/euvsusa/

Prefece

Quote
If the European Union were a state in the USA it would belong to the poorest group of states. France, Italy, Great Britain and Germany have lower GDP per capita than all but four of the states in the United States. In fact, GDP per capita is lower in the vast majority of the EU-countries (EU 15) than in most of the individual American states. This puts Europeans at a level of prosperity on par with states such as Arkansas, Mississippi and West Virginia. Only the miniscule country of Luxembourg has higher per capita GDP than the average state in the USA. The results of the new study represent a grave critique of European economic policy.

Stark differences become apparent when comparing official economic statistics. Europe lags behind the USA when comparing GDP per capita and GDP growth rates. The current economic debate among EU leaders lacks an understanding of the gravity of the situation in many European countries. Structural reforms of the European economy as well as far reaching welfare reforms are well overdue. The Lisbon process lacks true impetus, nor is it sufficient to improve the economic prospects of the EU.

EU versus USA is written by Dr Fredrik Bergström, President of the Swedish Research Institute of Trade, and Mr Robert Gidehag, until recently Chief Economist of the same institute and now President of the Swedish Taxpayer's Association.


PS...might subject to change... in the future
Title: TRIMBO REPORT: USA vs EU
Post by: fd ski on December 20, 2004, 02:07:05 AM
Comparing applies to oranges.

Average state in US vs Average state in EU ? Right after 15 nation EU took in 10 nations with 1/3 of its own GDP ?

Accept Mexico as a new state in the union and see what that does to averages...

Institude of trade... I guess flashy name and website is all it takes those days.
Title: TRIMBO REPORT: USA vs EU
Post by: Saintaw on December 20, 2004, 02:39:57 AM
Luxembourg has the highest GDP in da werld.

Take it!
Title: TRIMBO REPORT: USA vs EU
Post by: takeda on December 20, 2004, 03:03:31 AM
Well, we neither keep our credit cards maxed nor need to churn out thousands of armored Humvees every month... And that's what GDP is really measuring as far as I know.
Title: TRIMBO REPORT: USA vs EU
Post by: stegor on December 20, 2004, 03:03:59 AM
Well?........and the point is??:rolleyes:
Title: TRIMBO REPORT: USA vs EU
Post by: stegor on December 20, 2004, 03:12:05 AM
And...sorry, for my ignorance on some US states, but....living in Arkansas, Mississippi and West Virginia... is so bad ??

Maybe I would like to live there....
:)
Title: TRIMBO REPORT: USA vs EU
Post by: lada on December 20, 2004, 03:20:59 AM
Quote
Originally posted by Saintaw
Luxembourg has the highest GDP in da werld.

Take it!


i trough Luxemburg is gone since world flood :D
Title: TRIMBO REPORT: USA vs EU
Post by: cpxxx on December 20, 2004, 09:51:15 AM
Quote
Originally posted by Saintaw
Luxembourg has the highest GDP in da werld.

Take it!


Luxembourg isn't a real country, it's just a big bank with it's own town.

To quote Eurostat:
.
Quote
The GDP per capita in Luxembourg tends to be overestimated, due to the large share of cross-border workers in total employment. While contributing to GDP, they are not taken into consideration as part of the resident population which is used to calculate GDP per capita.



Ireland on the other hand is officially the second richest country in the EU and better than  Switzerland which is another big bank. Norway does better but they have OIL

So as Luxembourg is not really a country we win.

You know why? By making the country attractive to US investment and by lowering taxes not least to corporations.

Take that
Title: TRIMBO REPORT: USA vs EU
Post by: Saintaw on December 20, 2004, 10:01:46 AM
Who needs a sodding country when you can be a bank!

take it!
Title: TRIMBO REPORT: USA vs EU
Post by: TheDudeDVant on December 20, 2004, 10:05:35 AM
Quote
Originally posted by takeda
Well, we neither keep our credit cards maxed nor need to churn out thousands of armored Humvees every month... And that's what GDP is really measuring as far as I know.



:)
Title: "sodding"
Post by: TalonX on December 20, 2004, 10:07:35 AM
Love the useage of the word "sodding".

I am going to try to use it three times today in sentences.

:D
Title: TRIMBO REPORT: USA vs EU
Post by: cpxxx on December 20, 2004, 10:11:25 AM
Quote
Originally posted by Saintaw
Who needs a sodding country when you can be a bank!

take it!


Can you give me a sodding loan:aok  I have this brilliant business idea. :D

Only one of my family is a millionaire so far. I need to do some catching up. :cool:
Title: TRIMBO REPORT: USA vs EU
Post by: Saintaw on December 20, 2004, 10:16:10 AM
:D
Title: TRIMBO REPORT: USA vs EU
Post by: niknak on December 20, 2004, 01:11:01 PM
What does it matter to me what the GNP is? Can you not live a full and satisfying life in a poor country?

When you are told from a young age about the american dream of being able to  achieve your wildest dreams isn't it soul crushing for the 99.9999999% of people who don't. (That is not just the US i think it is most western countries).

People living in developed countries suffer from much higher rates of depression.
Title: TRIMBO REPORT: USA vs EU
Post by: 1K3 on December 20, 2004, 03:30:25 PM
Quote
Originally posted by stegor
And...sorry, for my ignorance on some US states, but....living in Arkansas, Mississippi and West Virginia... is so bad ??

Maybe I would like to live there....
:)


you dont wanna go there unless you was white 'n christian:D
Title: TRIMBO REPORT: USA vs EU
Post by: Saintaw on December 20, 2004, 04:23:50 PM
Ahhh yes niknak, but unless you have suffered from depression, you cannot fathom the joy of being out of it either.

I'd rather be depressed than hungry.
Title: TRIMBO REPORT: USA vs EU
Post by: cpxxx on December 21, 2004, 12:49:10 AM
Quote
Originally posted by GScholz
Cpxxx, Norway is not a member of the EU. If we were the EU would be stinking rich ... like us. ;)


I knew that,  which is why I linked you with Switzerland. Thanks to your OIL. A small country with OILl, you'd have to be rich.  

The only Norwegian business I can think of is Statoil and then only when I drop in for my Lutefisk sandwish and to fill up with a tankfull of quality Norwegian unleaded.  If you didn't have oil what would you sell to the world. I honestly can't think of anything Norwegian.   :confused:  I'm not being sarcastic. I actual can't think of anything famously Norwegian.  Like Irish whiskey or German cars or French wine.  ?????
Title: TRIMBO REPORT: USA vs EU
Post by: lazs2 on December 21, 2004, 08:24:16 AM
ice bears and no veggie frozen pizza.

lazs
Title: TRIMBO REPORT: USA vs EU
Post by: Saintaw on December 21, 2004, 09:14:05 AM
GUINNESS!!!!!
Title: TRIMBO REPORT: USA vs EU
Post by: tikky on December 21, 2004, 01:21:01 PM
GS, how's your socialized health care like in your country? In US, i always hear (from so-called experts) that if they adopt socialized health care (also part of Kerry's plan) they say its gonna be expensive and have lo-quality than private ones like Kaiser pernamente (or even HMO):confused:
Title: TRIMBO REPORT: USA vs EU
Post by: takeda on December 21, 2004, 01:48:37 PM
I don't know about Norway, but here in Spain socialized healthcare is great if you get something really bad, but sucks for the small stuff.
For example, if I want my eyes checked to get new glasses, I'll go private and have them checked tomorrow instead of waiting 4 months in the public system, but If I need a kidney transplant, I know I'm getting it as soon as humanly possible at no cost.
The costs of private insurance with decent coverage are also pretty bearable... I have private insurance so I can get fast appointments and go to a nicer and less crowded hospital if necessary, and it's around 35€/mo.
Title: TRIMBO REPORT: USA vs EU
Post by: weaselsan on December 21, 2004, 02:13:49 PM
Is sodding anything like bloody?
Title: TRIMBO REPORT: USA vs EU
Post by: cpxxx on December 21, 2004, 07:37:34 PM
Quote
Originally posted by weaselsan
Is sodding anything like bloody?


It's politer. You can call someone a sod or tell them to sod off.  It'a  bit like the Irish shreck which really means f***. But polite.
Title: TRIMBO REPORT: USA vs EU
Post by: Ripper29 on December 21, 2004, 07:53:01 PM
Quote
Originally posted by cpxxx
It's politer. You can call someone a sod or tell them to sod off.  It'a  bit like the Irish shreck which really means f***. But polite.


Or you could call him a banana, which is not very polite at all......
Title: TRIMBO REPORT: USA vs EU
Post by: Saintaw on December 22, 2004, 03:49:55 AM
fe*k... arse...DRINK!!!! fe*k.... arse...DRINK!!!! fe*k.... arse...DRINK!!!! fe*k.... arse...DRINK!!!!

(cpxxx will know who I am refering to :D)
Title: TRIMBO REPORT: USA vs EU
Post by: mora on December 22, 2004, 04:09:09 AM
Quote
Originally posted by GScholz
We use ambulance helicopters and jets (Gulfstreams) to shuttle patients to the hospital that the patient chooses to be treated in.
.
.
In extremely rare cases a patient may want to seek medical treatment in other countries that have specialists in that field, the state will pay for any treatment abroad that is unavailable in Norway.


Really?
Title: TRIMBO REPORT: USA vs EU
Post by: mora on December 22, 2004, 04:17:11 AM
What comes to socialist health care I have to agree with Takeda. If you have an issue which is not life threatening you may have to wait months or even years(if you need surgery) to get treatment. Also the health care centers in smaller towns are really substandard with overloaded and sometimes incompetent staff. As the general public has been "educated" to believe that out healthcare is best in the world, things are not getting any better.
Title: TRIMBO REPORT: USA vs EU
Post by: lazs2 on December 22, 2004, 08:02:28 AM
If anyone freezes to death in their home or dies of a curable disease in the U.S. then it is their own fault.   Their is all sorts of help available.

lazs
Title: TRIMBO REPORT: USA vs EU
Post by: lazs2 on December 22, 2004, 08:51:13 AM
hmm... seven weeks of vacation?  I get four but I get every other friday off (work 9 hours) and 12 holidays a year plus 2 weeks comp or admin leave..

so that is like... 4 to 6 weeks vacation plus 26 3 day weekends plus 12 holidays.

lazs