…actually USA jobs being outsourced is irrelevant. You presented a theory regarding the country of origin of products and the relationship of the absence of products to the degree of socialistic free loaders.
I tested your theory. I don’t recall seeing any US products in the last week.
'No country can sustain, in idleness, more than a small percentage of its numbers. The great majority must labor at something productive."
–Abe Lincoln, September 30, 1859
There’s a revolving door between Goldman-Sachs and western governments. There should be a Financial Crimes Against Humanity series of trials followed by many hangings of bankers and their political allies.
I don’t what products are common in the USA, but northern Italy is the most productive region of Europe. Off the top of my head are: Fiat (Chrysler), the Fiat-500 is everywhere around here, also Alfa Romeo, Ferrari, Lamborghini, Maserati. Pirelli. Piaggio. Ansaldo Breda. Olivetti. Augusta Westland. A number of fashion brands, and food brands. A washing machine maker I can’t remember the name of. Some luxury yacht manufactures.
So, are you saying that printing more money has no downside? They could just print more Euros, and gee, everyone would be happier?
If Greece had its own currency, then it would have a completely different problem. They’d print more money, and Greeks would see their buying power for imports erode, while their exports would be more competitive.
But they don’t have their own currency; they joined the EEC. It was joining the EEC that started them on the spending spree in the first place (since they couldn’t spend what they didn’t have, before, and didn’t make what they spent it on).
So, since they don’t have their own currency, whenever the currency is devalued by increasing the monetary supply, everyone else pays for it: especially the most productive countries.
Who do the Greeks think should be paying for their excessive government spending?
You get people to produce more by paying them for what they produce, not by paying them whether they produce or not.