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2011-11-10 Europe

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Posted by Fred 2011-11-10 00:00|| || Front Page|| [3 views ] Top

#1 Until some real leadership emerges in Athens that is able to rally the population to the fact that the days of milk and honey are over, nothing is going to happen.

What I see here is an entire nation in denial. They apparently still seem convinced they if they just tax the rich enough, they can still keep their social welfare state. They haven't yet come to grips with the notion that it is over. It's done. The days of getting money for nothing and chicks for free is over. People are actually going to have to work for a living and wait until they are actually old to retire.

For example, if you have worked for an employer for 10 years or have worked for 12 years for any number of employers, you are entitled to 25 days (5 freaking WEEKS) of paid vacation per year. That is in ADDITION to 12 public holidays that you MUST be paid for giving a total of 37 paid days off per year.

That compares to NO mandatory vacation in the US and 10 paid holidays. (15 days paid vacation is typical in the US for people with 10 years of service at an employer).

Depending on your occupation, you can retire in Greece at 50 if you are female and 55 if you are male.

It's just crazy. And no politician wants to be the one to tell people that the gravy bowl is empty lest they have riots because the people have been conditioned to believe that the status of their life is the government's responsibility.

Things are going to get a whole lot worse in Greece before they get better.

Posted by crosspatch 2011-11-10 02:09|| 2011-11-10 02:09|| Front Page Top

Posted by Water Modem 2011-11-10 11:59|| 2011-11-10 11:59|| Front Page Top

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