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Why Europe Is Crashing

June 22, 2012
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europe is crashing

Image: FreeDigitalPhotos.net

Maybe it’s the global recession, immigration and multiculturalism, austerity programs, spending programs, instability of the Euro, or maybe it can be blamed on alien invaders or zombies.

Or maybe, it’s a socialistic entitlement mentality gone wild.

From the perspective of this capitalistic entrepreneur, my vote is the entitlement mentality.  You know that my rants are always based upon something in the news, so here is the latest example of why Europe is crashingCOURT SAYS IF YOU GET SICK ON VACATION YOU ARE ENTITLED TO ANOTHER.

The Court of Justice in the European Union just ruled that if you get sick while on vacation, your employer must allow you to take another vacation.  First of all, what is a court in Brussels doing deciding a simple employment issue in Spain, and why has Spain relegated its future to a court in Brussels?

That question alone should be sending shivers up your spine as you consider Leftist attempts to make America more like Europe.  No thanks, let’s keep the one world government idea on the far side of our oceans.

Back to my capitalistic entrepreneurial rant.  Has anyone in Europe, outside of the business community, ever taken a step back and looked at these policies and decisions from the standpoint of the employer?  How can any employer ever plan their production and service schedules with a variable such as multiple paid vacations by employees who decided their cold spoiled their relaxation time?

Forget schedules for a moment and let’s consider costs; how much should you sell a product or service for if you cannot determine the labor cost of the product?  Here is how an employer faced with this question handles the problem: they add a higher contingency factor to the cost in case employees abuse this new right.

Let’s follow that thought to its logical conclusions.  The product costs more making it less competitive in the marketplace and reducing the sales for the company.  Reduced sales require cuts in order for the company to survive which requires a reduction in the workforce.  The other alternative is that the sales price for the product increases which helps to fuel inflation which erodes the purchasing power of employees.

And Europe expects its economy to rebound?  Not in a global marketplace and especially not with burdens upon employers like this one.

If you think we are safe from the idiocies of policies based upon utopian ideals like this latest European folly, you have not been following events in America over the past few decades.  And if you cheered for the workers in Europe, I can safely predict that you will never understand the issues at the heart of the support for Gov Walker in Wisconsin.

Too many in our country would support moving towards the multicultural and politically correct workers paradise exhibited in many parts of Europe.  Then again, there are still enough sane people in our country that can recognize a self destructive path and demand that we never follow.

Our future will be decided by the group that shows up to vote; I pray that it is the latter.

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2 Responses to Why Europe Is Crashing

  1. editor on June 22, 2012 at 9:19 am

    As an entrepreneur, I failed in the above article to capitalize on an opportunity when presented.

    All of these Europeans taking additional vacations and I momentarily forgot that we have an online travel business that supports our work.

    Please forward our travel link to any European worker looking for a vacation re-do

    http://www.ytbtravel.com/878778

    Tell them they can book the same travel, at the same cost, and we will share 30% of the commissions with them.

    Hardworking Americans can also book with us.

  2. Cheyanna on July 23, 2012 at 11:24 am

    That’s a nicely made answer to a challeingng question

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