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Re:EU countries team up for semiconductor push by mschuster91 on Thursday December 10, 2020 @05:54AM (#25372326)
> Europe leaders really need to wake up. Stop concentrating on immaterial issues, push for more competitive economy, lower taxes, less regulations

I agree that our dear leaders have to wake up - but that is not the direction they should go at all. Our taxes are already so low that many countries have problems financing taking care of basic needs like healthcare. Less regulation? This will directly, and negatively, impact the people of Europe because corporations always exploit every legal (and illegal) avenue to cut corners at the expense of the people.

Re:EU countries team up for semiconductor push by Argish on Thursday December 10, 2020 @07:36AM (#25373019)
Europe is resource hungry when it comes so social spending. Budgets are huge, and a lot of money is being spent. Some of that money is not even ours, it's just other people buying our debt.

https://en.wikipedia.org/wiki/List_of_countries_by_social_we...

I do question myself sometimes how much longer this can be maintained. Our world is changing fast, and it's not like Europe is losing the game, it's that we are not even playing it.

We will eventually need to do something about it. What exactly needs to be done is definitely debatable.

Re:EU countries team up for semiconductor push by mschuster91 on Thursday December 10, 2020 @09:45AM (#25374161)
> Europe is resource hungry when it comes so social spending.

The alternative to that is becoming like the US: homeless people everywhere, people spreading illnesses (not just corona) at work because they can't take any sick days, people getting chronically ill or vastly worse side effects from untreated issues because they can't afford health insurance, people fearing eviction because losing their job.

All while the billionaires made an additional 800 billion in wealth.

> I do question myself sometimes how much longer this can be maintained.

We can maintain the status quo, but we need to tax the rich and international mega-corporations for that. It is unsustainable that the massive profits generated in Europe are siphoned off untaxed to "tax heavens" and foreign countries.