US economy: Don't be optimistic

Across much of Europe there is skepticism and panic about the economy ever turning around, however in the United States people seem to be optimistic. Why is there such pessimism in Europe but not the US? Are Americans out of touch with reality? Economist Max Fraad Wolff from The New School says Americans have a weak safety net when it comes to employment, if you lose your job there are no federal benefits that are available in Europe.

Category:

News & Politics

Tags:

• Dina Gusovsky
• Max Fraad Wolff
• The New School
• economy
• economist
• EU
• Europe
• Britain
• England
• UK
• Tea Party
• social welfare
• labor
• middle class
• politics
• political party
• Western Europe
• banks
• jobs
• unemployment
• benefits
• federal benefits
• healthcare
• RTAmerica
• RT America

[jemmre]

Why does America spend more on fighting wars and bailing out rich banks than looking after its own people? Theres an old saying, the measure of a country's progress is how well it treats its poorest and most disadvantaged.

[youngbuck189]

Dina Gusovsky is by far the best journalist working for RT. She brings it in every direction and needs a bigger role. She a tiger, let her play.

[Aerchivez]

@jemmre The US is a warring nation. China = Brain. US = Brawn. That's just how it is.

[Gaara1555]

I think its time the people take care of there country...i think rt or if there is any respectable news oragnization to set up a place for the people to come out and not go to work and fight for there country and get this done before its to late...they should advertise this day by makeing it a huge event. WE must FIND these CROOKS...and make them PAY

[PissedFechtmeister]

The difference is that Americans don't pay attention to what's going on in our country. Of course now that socialism has failed in Europe the only thing they can think to do is riot and burn down buildings.

[PissedFechtmeister]

@jacob7207 Pretty much all the RT anchors are hot.

[jacob7207]

Hmmmm, babe commentator.

[LetsRockKarma]

@1776Rosco means your glass is half empty,an someones got there hand on it...there ganna pull off something no one eva imagine or grasp,only wake up too.

[NssOssPtm]

answer=americans are stupid and willing to listen to any crap their government tells them.

[TheComrad7]

US INTERFERES, sending Warships to Egypt NOW:

While Washington may maneouvre a new political face in Egypt under the guise of an “orderly transition”, the essential fact is this: Washington has to and will at all costs defend its Egyptian garrison. What’s at stake is not just whether democracy is won by the people of Egypt. What’s at stake is the US empire. That is all they CARE ABOUT, they lie and tell everyone that it is to evacuate US Citizens stationed there, BIG HUGE LIE.