Top Model

by Jerome a Paris
Thu Mar 27th, 2008 at 12:54:23 PM EST

From Sarkozy's speech in Westminster

The United Kingdom has shown that in the global economy, there was a path to achieve strong growth, full employment and solidarity.

strong growth

(for some)

full employment

with fewer jobs created
(cumulative) since 1995
in black: France
at the bottom: Germany

Solidarity

Proportion
in each age category
designated as "invalid"
(and kept out of the labor market)

This path is that of reforms to restore the value of effort, encourage innovation, the spirit of enterprise and sense of personal responsibility.

Innovation

household debt
as a % of
net disposable income
(UK, US, Eurozone)

Spirit of Entreprise

UK jobs
dark = private sector
light = public sector

Personal responsibility

obesity rates
(click for larger)

This path is also that of the modernisation of central government administration and public services.

Modernisation

record spending increases

Central government

widening deficits

Public services

inequality higher than under Thatcher

The principles allowing the challenges of globalisation to be dealt with successfully on one side of the Channel must allow these challenges to be dealt with equally successfully on the other.

Proof positive that myths are stronger than reality...


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You're obviously just jealous of the wonderfully brilliant country the UK has become...

Member of the Anti-Fabulousness League since 1987.
by Ephemera on Thu Mar 27th, 2008 at 01:22:56 PM EST
Sarko is showing more and more that he is yesterday's man.

I'm troubled though by the narrative here - is he actually now been hired to moonlight as spokesman for the UK chamber of commerce or office of economic development? Because he should know there is a country just to the south of the UK, there's a tunnel right to it, with one of the best investment climates in the world, a very well educated populace and better food. I'd think he'd know about it because last I checked, being its President is his day job.

I think one possible good line of attack on him would be like was done to Messier, who was mercilessly made fun of for his love of all things anglo-saxon.

A little more national pride Mr President, for god's sake!

"C'est un scandale !"

by redstar on Thu Mar 27th, 2008 at 01:24:05 PM EST

Real income growth for the almost poor (second tenth from the bottom) and the almost rich (second tenth from the top).

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (jeromeguillet@yahoo.fr) on Thu Mar 27th, 2008 at 01:32:22 PM EST
I suppose, looking at that graph, the only way the UK can defend itself is by saying, 'Hey! At least we're not the US!'

Member of the Anti-Fabulousness League since 1987.
by Ephemera on Thu Mar 27th, 2008 at 01:40:02 PM EST
[ Parent ]
Well, not really. It appears as more equal than France on that graph (although I suspect that the top decile would make that look very different). Growth is shown, though, as nothing spectacular, contrary to the Sarkozy songs.
Japan is really looking bad here, as for the USA, the less said the better.

"The womb that spawned that thing is fertile yet"
by Cyrille (cyrillev domain yahoo.fr) on Fri Mar 28th, 2008 at 05:02:46 AM EST
[ Parent ]
Little trick of stats, and this chart is already a good one, but often times, the 1st decile is populated with many tax filers who aren't really independant households. This is true in the US especially with so many teen-age workers. So the proper comparison of the 2nd decile is the 10th decile...

And that picture tells an even more stark story, of course.

"C'est un scandale !"

by redstar on Thu Mar 27th, 2008 at 05:16:06 PM EST
[ Parent ]
Thanks Jerome for the reality of the situation. Is there any way to enlarge your charts as I have a difficult time viewing the particulars in each graph?
by An American in London on Fri Mar 28th, 2008 at 03:30:00 AM EST
[ Parent ]
Just another request for this.

This is really fantastic information, and fantastic summary graphics, but some are not readable and take the punch out of the whole (great) post.

"Click to enlarge" graphics would be great.

Of all forms of caution, caution in love is perhaps the most fatal to true happiness - Bertrand Russell

by tiagoantao (put_my_login_here <> gmail com) on Fri Mar 28th, 2008 at 06:44:26 AM EST
[ Parent ]
Try right-click, View Image. The images are large enough to read, just scaled down for the page.
by someone (s0me1smail(a)gmail(d)com) on Fri Mar 28th, 2008 at 08:31:49 AM EST
[ Parent ]
When I right click,there is no 'view image' or any other phrase which would enlarge the charts. Jerome; please enlarge the charts or post them in such a way we can click to enlarge. Your post and the charts are very important and right on point.
by An American in London on Fri Mar 28th, 2008 at 09:57:02 AM EST
[ Parent ]
by someone (s0me1smail(a)gmail(d)com) on Fri Mar 28th, 2008 at 10:07:54 AM EST
[ Parent ]
Thank you for the charts. They really do convey the futility of Sarkozy's speech and idealogy.
by An American in London on Fri Mar 28th, 2008 at 02:35:04 PM EST
[ Parent ]
Hmph.  I was looking forward to a good discussion of my favorite TV show...  

"This is nothing compared to how Putin rigged Eurovision."
by poemless on Thu Mar 27th, 2008 at 01:49:36 PM EST
lol!

i was just thinking how jerome is really mastering the art of the diary title...

just like a real journalist!
/snark

watching sarko kissing butt yeaterday was almost as barfy as watching the current vaudeville that passes for italian politics in the runup to the election a month away.

america sure makes presidential elections a prolonged agony, but at least you get a couple of years off there.

here it's like watching a bad game of skittles played by overgrown babies...

(bowling, for our transatlantic cousins)

Peace is not the absence of war -- peace is the absence of fear. Ursula Franklin

by melo (melometa4(at)gmail.com) on Thu Mar 27th, 2008 at 03:21:50 PM EST
[ Parent ]
Neither of the top models made much of an impressio at Windsor and thereabouts. The one looked washed up, the other contrived. I can't decide which was which. Although even I can't deny that the queen's jewels were stunning. You know, like worth enough to feed half the world for quite a time. Mr. Sarkozy (with the accent at the beginning) is kind of a cliche likker of anglo-saxon boots. It sure is embarrassing how he goes everywhere and belittles France by praising his host to high heaven. Even the hosts probably ask themselves, 'What's bugging that man? We're not really that hot.' Of course the French president had the bad luck to miss the high season of Bush and Blair. Too bad for him, lucky for France.
by Quentin on Thu Mar 27th, 2008 at 04:13:26 PM EST
We're seeing how that works right now in the United States, as all the failing banks, failing brokerages, and assorted failing credit bubblers get bailed out on the backs of taxpayers who earned an income by working, bought things only when they could afford things, and saved the balance of their money.
by keikekaze on Thu Mar 27th, 2008 at 07:01:56 PM EST
With a headline like "top model" and a diary about Sarkozy, I was thinking you'd gone all tabloid and blogging about Carla Bruni nude picture being auctioned at Christie's. You could have even used the same closing about Bruni being a "top model" that "Proof positive that myths are stronger than reality..." Oh well. :)
by Magnifico on Thu Mar 27th, 2008 at 08:40:06 PM EST
She needs to put on some weight in that photo. I want to send her a care package.

I told Bush; don't play chess with the freakin' Russians.
by LEP (rafifoon@yahoo.com) on Fri Mar 28th, 2008 at 06:43:15 AM EST
[ Parent ]
by tjbuff (timhess@adelphia.net) on Fri Mar 28th, 2008 at 09:06:31 AM EST
Nice collection of graphs, but I want to add to the graph about the Public spending, that one should add at least a significant part of the private health care spending in the USA as 'public spending' for most intentions, even if it is private, because as well in the other countries people would spend a part of their income on health care if it would not be public.
Taking into account, that health care spending as a part of the GDP has increased in the last years in most countries, this would likely even lead to a stronger increase of public spending in the US making the strength of the US post 'New Economy' recreation even less compelling.
And of course in the employment picture employment-share of work-age population might be more useful. Why should a country with a shrinking population make as much new jobs like a country with a growing population?

Lich King/Caribou Barbie 08
Pain brings Katharsis
by Martin (weiser.mensch(at)googlemail.com) on Fri Mar 28th, 2008 at 10:15:33 AM EST
Runaway health care costs were #1! - Paul Krugman - Op-Ed Columnist - New York Times Blog
Well, I was browsing some of the charts at CMS, and thought I'd share some information from Chart 2.1. This table shows health care spending as a percentage of GDP in some major countries, 35 years ago and recently:



The plural of anecdote is bullshit.
by generic on Fri Mar 28th, 2008 at 03:27:37 PM EST
[ Parent ]

US public sector health spending is higher (as a share of GDP) than in almost all other countries. Then you add on top of that massive private spending.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (jeromeguillet@yahoo.fr) on Sat Mar 29th, 2008 at 04:40:00 AM EST
[ Parent ]
It's not in share of GDP, but in absolute amounts per person.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (jeromeguillet@yahoo.fr) on Sat Mar 29th, 2008 at 04:40:38 AM EST
[ Parent ]
Oh thanks, it is absolutely interesting and contradicts what I thought before as the public US spending on health care is quite on European levels.

Lich King/Caribou Barbie 08
Pain brings Katharsis
by Martin (weiser.mensch(at)googlemail.com) on Mon Mar 31st, 2008 at 01:42:22 PM EST
[ Parent ]
If you're making comparisons involving the UK, you'll want to find another graph for obesity. Most of the figures - but notably not those for the UK are self-reported. You can't compare numbers culled from rigorous (meta)studies to self-reported numbers. Apples and oranges (or, rather, a matter of the size of the error bars being so much different between the different data points that it is downright misleading to not provide them).

Other than that, it's an excellent fact-sheet that I've bookmarked for easy reference.

- Jake

Ceterum censeo Chicago esse delendam

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Mar 28th, 2008 at 11:20:31 AM EST


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