LOL.....It's Been A Long Time Since I Read A "Put Down" Of This Calibre....... Cheers Glen. P.S:- No Offence Mc Fudd...
New So if the EU is a failure then the US is also a failure? The United States had a debt-to-GDP ratio of 104.17% in the year 2015 and 105.4% in 2017, according to the U.S. Bureau of Public Debt Here is something I wrote back in 2013 When the US was doing well economically - and there was a huge rise in the number of the middle class - was in the period from the end of WWII to the rise of neoliberal ideas. During those periods the top tax rate was much higher (94% in 1945, down to around 70% in 1970) and the national debt was reduced from the war time high of 117% of GDP to a reasonable 32.5% in 81. But in the thirty odd years of neoliberal ideas there was a huge increase in the wealth of a few while the real term incomes of those below have either stagnated or fell. While the policies pursued have also caused a ballooning of the national debt and brought about a social and political system where wealth have great (and in my opinion too much) power and influence. Fall in top rate tax 1945 - 94% 1970 – 70% 1982 - 50% 1990 - 28% 2010 – 33% Rise in top levels of pay In the 1950’s CEO pay was 25-50 times that of an average worker that has risen to 300-500 times by 2007. A bigger gap than any other developed nation. Trade deficit 1960 – Trade surplus of 3.5 billion 2008 – Trade deficit of 690 billion (The last time the US posted a trade surplus was in 1975) Decline in manufacturing 1965 - Manufacturing accounted for 53% of the US’s economy. 2004 – It accounted for 9% The Economist (10/1/2005) stated: “For the first time since the industrial revolution, fewer than 10% of American workers are now employed in manufacturing.”
Ok, but lets not get sidetracked Lets not forget Macron just compared Brexit to the Holocaust "Never, since the Second World War, has Europe been as essential. Yet never has Europe been in so much danger"
McFuddy LOL Oh I think the kid from Mudgeeraba is back again and he still seems to have the same problem and there was I hoping the ointment would work
Last weekend Macron was on a ski vacation in Africa, while watching his country burn on tv. Paris saw the worst riots yet since this uprising started. And he was at some ski resort. Hilarious.