January 24, 2013

Europe's Dream Now a Nightmare

Victor Davis Hanson, National Review

AP Photo

Almost a decade ago, Europeans and many progressive Americans were lamenting how the United States was going to miss out on the 21st-century paradigm symbolized by the robust European Union. Neanderthal Americans were importing ever more oil while waging a costly “war on terror” and fighting two foreign conflicts, in Iraq and Afghanistan. Our budget deficit in 2003 hit $374 billion. The EU avoided foreign conflicts and embraced soft power. Its declining military budgets and centralized transnational government ensured that it could address global warming and fund ever-expanding entitlements. Even the poorer Mediterranean nations reached new heights of prosperity. The Greek economy soared. Spain’s real-estate market was to become the hottest in the world. Italy seemed to resemble...

Read Full Article ››

TAGGED: France, United States, European Union, Europe

RECOMMENDED ARTICLES

January 16, 2013
France Alone Cannot Defend Europe's Interests
Zaki Laidi, Project Syn.
Europe is reluctant to develop a substantial military force, because the European project was created in opposition to the idea of power. Yet this stance has become untenable. Europe faces real threats, which France alone cannot... more ››
January 21, 2013
France and Germany's Uneven Entente
Peel & Carnegy, Financial Times
Two of Europe's great powers have an uneven, often uneasy, relationship. more ››
January 23, 2013
Britain's Drift from Europe
The Economist
The notion of outright, near-unilateral demands -- a "shopping list" is the term used by the London press -- is about as far removed from the agenda in Paris, Berlin and Brussels as it is possible to be. Yet it lies at the heart... more ››
January 13, 2013
Britain Should Stay & Fight for Better Europe
Jeremy Warner, Telegraph
It's none of America’s business, but it's hard to see what we'd achieve by abandoning the European Union. more ››
January 16, 2013
Rethinking Britain's Place in Europe
London Evening Standard
If the Prime Minister nursed any illusions that his Europe speech on Friday would resolve the issue as far as his party is concerned, he is already being rapidly disabused of the notion. more ››