Monday, July 20, 2009
Europe Thumps U.S., Again - WSJ.com
We seem to be in strange times.
The U.S. is moving toward the things that Europe has decided didn't work.
Weird!...
The U.S. is moving toward the things that Europe has decided didn't work.
Weird!...
The Wall Street Journal reports:
"On present trends, most of Europe will soon have lower income tax rates than most of America. And now the European Union is stealing another competitive march on Washington, this time on a free trade deal with the world's 13th largest economy, fast-growing South Korea.
Last week Brussels and Seoul finished the outline of a new trade agreement, and the two sides will now write up the technical language to codify it. As for the pending U.S.-Korea trade agreement, Congress has done . . . nothing."
