Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I think your description of American poverty is a microcosm of global poverty

Damn!  You caught me.

And, actually, I haven't heard about the complementarity of inflation and unemployment.  I understand the economy the way a trailer park resident understands tornados, but I'll take your word for it that there's some sort of correlation or rationale.

I've also done enough reading to get a basic grasp of the arguments, so I understand there has to be a balance.  You say to be efficient a small percentage have to slip through the cracks, but it seems to me we've passed "small percentage" although perhaps not in the EU?

And why is there no way out of the moral quandry?  I think this bears some exploration.  It seems to me some countries are doing quite nicely -- how are they making it work and why can't we all do it?  I mean, I understand if we had things even somewhat fair, we wouldn't be able to build empires and dynasties and whatever the corporate equivalent of those are, but do we really need those things?

Maybe we can eventually make language a complete impediment to understanding. -Hobbes

by Izzy (izzy at eurotrib dot com) on Tue Oct 11th, 2005 at 07:46:55 PM EST
[ Parent ]

Others have rated this comment as follows: