At a Mac Kain rally Arnie says he wants to get some meat on Obama’s bones. He also offered to put some muscle on Obama’s ideas (cough). After the muscle jokes – he went on the Mac Kain talking points attack-of-the-week – which was that Obama or his plan to raise taxes on the top 5% was socialist – and although he had to put up tax in his State of Kalifornia – that was different – because when he was a young man he left his socialist leaning country Austria for the US Land of the Free (via Britain?) —
but what he might have said – forget about the fact that the US government now owns the banks, has ploughed $700bn to prop up Wall Street – but giving that little guy – the poor and middle class worker a measly tax break – is wrong and socialist. Those poor people should be made to stand up on their own two feet – no help from government with their lives – aahh.. and what about the help given to the banks and Wall Street and those tax cuts for Exxon Mobil and other corporations under the Mac Kain plan? 

In support of Mac Kain’s theories ( or was that Joe the Plumber’s theories) Arnie talked about his old country being somewhat socialist – so lets have a look at Arnie’s old country Austria and compare it to the US Land of the Free – to see how things turned out.

Conclusion: below (look out for per capita income)

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The Alt Country – Austria

Type:

    Federal parliamentary democracy.

Constitution:

    1920; revised 1929 (reinstated May 1, 1945).

Branches:

    Executive–federal president (chief of state), chancellor (head of government), cabinet. Legislative–bicameral Federal Assembly (Parliament). Judicial–Constitutional Court, Administrative Court, Supreme Court.

Political parties:

    Social Democratic Party, People’s Party, Freedom Party, Greens, Alliance–Future-Austria.

Suffrage:

    Universal over 16 (reduced from 18 in 2007).

Administrative subdivisions:

    Nine Bundeslander (federal states).

Defense (2007):

    0.8% of GDP.

Economy
GDP (2007):

    $373.6 billion.

Real GDP growth rate (2007):

    3.4%.

Per capita income (2007):

    $44,890.

Natural resources:

    Iron ore, crude oil, natural gas, timber, tungsten, magnesite, lignite, cement.

Agriculture (1.9% of 2007 GDP):

    Products–livestock, forest products, grains, sugarbeets, potatoes.

Industry (31.2% of 2007 GDP):

    Types–iron and steel, chemicals, capital equipment, consumer goods.

Services:

    66.9% of 2007 GDP.

Trade (2007):

    Exports–$156.4 billion: iron and steel products, timber, paper, textiles, electrotechnical machinery, chemical products, foodstuffs.

Imports–$155.9 billion:

    machinery, vehicles, chemicals, iron and steel, metal goods, fuels, raw materials, foodstuffs. Principal trade partners–European Union, Switzerland, U.S., and China.

Data: US State Dept

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The Neu Country – The U.S.A Land of Opportunity and a great Movie Industry 

GDP (purchasing power parity):

    $13.78 trillion (2007 est.)

GDP (official exchange rate):

    $13.84 trillion (2007 est.)

GDP – real growth rate:

    2% (2007 est.)

GDP – per capita (PPP):

    $45,800 (2007 est.)

GDP – composition by sector:

    agriculture: 1.2%
    industry: 19.8%
    services: 79% (2007 est.)

Labor force:

    153.1 million (includes unemployed) (2007 est.)

Labor force – by occupation:

    farming, forestry, and fishing 0.6%, manufacturing, extraction, transportation, and crafts 22.6%, managerial, professional, and technical 35.5%, sales and office 24.8%, other services 16.5%

The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $46,000. In this market-oriented economy, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products.

US Data: CIA Factbook

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Conclusion: You are sooo much better off in the U.S. as the average person makes $910 more per year than they do in Austria – where things are really bad – because they have socialist policies. Those poor Austrians!

Compare this to the income / person in Mexico:  $12,400 (2007 est.)

Or per capita income of Canada: $38,600 (2007 est.)

What is Arnie talking about !!

It’s the politics of fear.

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