Tuesday, December 31, 2013

If This Was a Fight, They Would Have Stopped it By Now

Hong Kong's unemployment rate - 3% (millions of people having been brought out of poverty via a free market approach), Spain's unemployment rate - 26% (the severance package in that grotesquely mismanaged country rising to as high as three years).


Rusty Shackelford said...

Singapore.....under 2%

Will "take no prisoners" Hart said...

Singapore versus Hong Kong - now THAT would have been a good fight!

dmarks said...

You know there's no such thing as austerity in a country and that it is really needed when you have a situation where the government is paying well-off people massive sums in order not to work.

We can have a debate about austerity in Spain if they ever actually consider having it.

Rusty Shackelford said...

When a society becomes addicted to the public teat we see present day Greece and Spain...when the market is allowed to flourish we see a Hong Kong and a Singapore.

Care to venture a guess which road America is taking?