Europe

Aww: London Rioters, Hurt By Cuts in Social Spending, 'Lacked Hope'

Nicholas Kulish: "Economics have been one driving force, with growing income inequality, high unemployment and recession-driven cuts in social spending breeding widespread malaise. Alienation runs ...

Editorial: Pay Up Like Buffett Wants Or Watch Your Mercedes Burn

Over the sanctimonious headline "The Enlightened Want to Be Taxed," Times editors threaten: "But altruism does not fully explain why members of the global elite are suddenly keen to prevent the ...

CNBC's Caruso-Cabrera Blames Govt Spending for Europe's Economic Problems

Appearing on Monday's NBC Nightly News, CNBC's Michelle Caruso-Cabrera blamed decades of overspending by European governments and borrowing to help provide promised benefits for the continent's ...

Buffett's 'Tax Me Please' Philosophy Welcomed in Europe, Cure for 'Social Unrest'

Reporter Julia Werdigier suggests higher taxes would have stopped the riots in Europe. "Some analysts said the calls for greater sacrifice from Europe's wealthy might have sprung from growing ...

Krugman Celebrates Europe's 'Strong Safety Nets' Letting It Weather Crisis Better

Paul Krugman on the superiority of the European welfare state: "On the one side, those strong safety nets have meant that the amount of sheer misery in Europe is considerably less than here....But ...

On CNN, Reuters' Freeland Claims Universal Health Care Makes Europe More Competitive Than U.S.

On Monday's Parker-Spitzer on CNN, Chrystia Freeland of Reuters claimed that the European economy is at an advantage compared to the U.S. because of America's lack of universal health care. But, ...

Oh No, Europe Doesn't Approve of America's Reaction to WikiLeaks

Sophisticated Europe rolls its eyes at silly American concern over the WikiLeaks revelations. The Times takes Europe's side, seeing the concern as a betrayal of American ideals neither the Times ...

Washington Post Asserts French 'Disturbed' by Crackdown on Unruly Immigrants, But 2/3 Back Sarkozy

When an overwhelming majority of the public goes against the media's position, journalists see division and rancor. Case in a point: An article in Tuesday's Washington Post: "Much of France has ...

Media Defend Obama's Call for More Spending, Despite G-20 'Rift'

Krugman, ABC and others warn of double-dip recession, 'third depression' if stimulus ends.

Krugman Tries to Scare Up More Government Spending with 'Third Depression' Rhetoric

Liberal NY Times columnist and Nobel Prize winner calls European austerity measures 'victory of an orthodoxy that has little to do with rational analysis.'
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