59 min
Free Forum Q&A - THOMAS GEOGHEGAN WERE YOU BORN ON THE WRONG CONTINENT? How the European Model Can Help You Get a Life Free Forum with Terrence McNally
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Originally Aired October 2010
In his new book, WERE YOU BORN ON THE WRONG CONTINENT?, this week's guest, THOMAS GEOGHEGAN, makes a strong case that European social democracies - particularly Germany - have some lessons and models that might make life a lot more livable. Not only that, they could help us keep our jobs.
In comparison to the U.S., the Germans have free university tuition, nursing care, and childcare. You've heard the arguments for years about how the wussy Europeans can't compete in a global economy. You've heard that so many times, you might believe it. But like so many things, the media repeats endlessly, it's just not true.
According to Geoghagen, "Since 2003, it's not China but Germany, that colossus of European socialism, that has either led the world in export sales or at least been tied for first. Even as we in the United States fall more deeply into the clutches of our foreign creditors - China foremost among them - Germany has somehow managed to create a high-wage, unionized economy without shipping all its jobs abroad or creating a massive trade deficit,or any trade deficit at all. And even as the Germans outsell the United States, they manage to take six weeks of vacation every year. They're beating us with one hand tied behind their back."
Originally Aired October 2010
In his new book, WERE YOU BORN ON THE WRONG CONTINENT?, this week's guest, THOMAS GEOGHEGAN, makes a strong case that European social democracies - particularly Germany - have some lessons and models that might make life a lot more livable. Not only that, they could help us keep our jobs.
In comparison to the U.S., the Germans have free university tuition, nursing care, and childcare. You've heard the arguments for years about how the wussy Europeans can't compete in a global economy. You've heard that so many times, you might believe it. But like so many things, the media repeats endlessly, it's just not true.
According to Geoghagen, "Since 2003, it's not China but Germany, that colossus of European socialism, that has either led the world in export sales or at least been tied for first. Even as we in the United States fall more deeply into the clutches of our foreign creditors - China foremost among them - Germany has somehow managed to create a high-wage, unionized economy without shipping all its jobs abroad or creating a massive trade deficit,or any trade deficit at all. And even as the Germans outsell the United States, they manage to take six weeks of vacation every year. They're beating us with one hand tied behind their back."
59 min