Even before the flood of Middle Eastern and North African refugees into the European continent, most countries there were already in poor shape. Despite numerous bailouts from the rest of the European Union (EU), Greece continues to refuse to abide by the austerity measures proposed by the more financially responsible countries — such as Germany — implemented as a condition of those bailouts. Greece continues to pay out lavish pensions to its young retirees despite not having the financial standing to do so. Over one-quarter of working-age Greeks are unemployed — over 51% of young Greeks remain jobless. Greece is not the only country in dire straits.
Spain, Italy, and Portugal are all in awful economic shape as well. Spain’s unemployment rate is nearly as high as Greece (23%), and Italy (12%) and Portugal (13%) aren’t doing well either. For all of these reasons — and more — the United Kingdom is strongly considering leaving the troubled European Union. President Obama is currently visiting Great Britain and took a pause from lecturing them about their possible departure from the EU to brag about how he has saved the world economy. To read about President Obama’s proclamation and its incongruence with reality in Europe, continue reading on the next page:
Like all narcissists, Obama has delusions of grandeur.
Salvatore De Luca… Seriously Where do you live … Half the people where I live have lost jobs because of Ovomits great economy
It’s a bird, it’s a plane… it’s$#%&!@*in Chief ! ! !
Such a sorry individual .
bs
His greatest accomplishment is his disconnect from reality and to percieve reality as he wishes it to be.
ITS A BUZZARD !
You are a fullblown idiot if you can’t see the damage this community organizer has done to our great nation he would probably give you a cabinet position if you just ask you are his kind of guy
How can any one person be so damn stupid I just don’t believe it.
Drugs????