Childless in charge

 

Angela Merkel used to say that “the European Union is about 5% of the world’s population, about 25% of its GDP, and about 50% of global welfare spending.”

The real data is more concerning.

The European Union is:

  • 7.2% of the World Population.
  • 23.8% of the World’s GDP.
  • 58% of the World’s Welfare Spending.

Something has to give.

The EU average tax burden on workers is 44.9%. The average worker in the EU spends half a year working for the tax man.

Taxation accounts for 41% of the euro area GDP.”

Millions of illiterate, unemployable invaders are unlikely to help. Full article:

http://www.zerohedge.com/news/2017-07-15/europes-unsustainable-welfare-state

 

About Avadoro Worden

Iconoclast
This entry was posted in Finance and Economics, Refugee, Socialism, The EU. Bookmark the permalink.

2 Responses to Childless in charge

  1. de Trefilo says:

    Who cares? Rich people will pay.

  2. Ted Groola says:

    Perhaps more hardworking migrants would help.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>