Socialism Lite

As we seem to be progressing toward European Democracy or “socialism lite” I have to wonder if US citizens have considered the overall standard of living in Europe. The European model is based on status vs. mobility.

In particular, based on news articles I have read:

1. I saw a comment that the overall standard of living was 30% lower than in the US ( see 3. and 4. Below).

2. Unemployment seems to average 2-3% above the US.

3. The cost of housing in Europe is relatively higher, percentage of home ownership lower and average dwelling unit size smaller.

4. I would guess, due to the cost of fuel and 1. Above, the typical European family has a small car and scooter (Fiat and a Vespa) as compared to the US desire for a family sedan and an SUV (Toyota Camry and Chevy Tahoe). GM thinks they have problems now!

5. Higher educational programs are more limited and expensive. Even in these difficult times the community college/state college and state university system in many of our states provides tremendous opportunity at very reasonable costs.

6. The role of ethnic minorities in business and government I suspect is far more limited.