Thursday, May 17, 2012

International:  Causes of Greek Economic Crisis are Complex

Richard Parker says:

  1. About 1/3 of the Greek GDP is paid in taxes every year by Greeks (more than Americans).
  2. Greeks have the highest number of entrepreners per capita of any government in Europe.
  3. The number of government employees per capita in Greece is about average for Europe.
  4. Greece's government deficit as a percent of it's total budget is no bigger than the US or UK's today.
For more, see the video at Richard Parker: Causes of Greek Economic Crisis More Complex than Many People Think (Video) by Richard Parker, May 17, 2012 at The Huffington Post.

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