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Endangered Europe.(unemployment, economic conditions)

The American Enterprise

| October 01, 2005 | Zinsmeister, Karl | COPYRIGHT 2005 The American Enterprise, a national magazine of politics, business and culture (TEAmag.com). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Three decades ago, signs first began to appear that Europe was entering a deep funk. The lands which had birthed Western civilization and devised many of modernity's most critical innovations in science, economics, religion, and the humane arts were suddenly not growing, not producing or pioneering, not innovating as they had in the past.

Continental Europe has gone into an economic stall. And with that, the quality of life of individual households has plateaued. Worse, a depression of the spirit has settled on much of the European population.

What is most troubling is the breadth of the downturn. The graphs and charts on the six pages following document ...

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