Sunday, January 23, 2005


Euro Stasis

This story...

"The EU continues to lag behind the US when it comes to entrepreneurship, a poll published on Monday (17 January) by the European Commission shows. The survey - conducted on both sides of the Atlantic - shows that nearly twice as many Americans are thinking of setting up their own business (28 percent) than their European counterparts (15 percent). Moreover, the gap appears to be widening. The number of people thinking about starting their own firm increased by eight percent since 2003 in the US, but only by two percent in the EU."
... is a direct result of the EU discouraging entrepreneurism and, indeed, any attitude resembling self-suffiency. If I were a young European entrepreneur, I would migrate (and I know a few who have).

Hat Tip: Dissecting Leftism