Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun informal The
European economic pattern of the 1980s of highunemployment and slowjob creation in spite of overall economicgrowth , in contrast to the success of the United States at that time.
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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European countries that have managed to break free of so-called Eurosclerosis — including Ireland, Iceland, Norway, several Eastern European nations and such areas as Scotland — have embraced the entrepreneurial system of low taxes, efficient regulation and flexible labor laws that underpin U.S. economic success.
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Generous unemployment benefits in some European countries are widely believed to be one of the main causes of "Eurosclerosis," the persistent high unemployment that affects a number of European countries.
Mirror, Mirror James Taranto 2010
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It's the era of "Eurosclerosis" — a chronic malaise of anemic growth, high unemployment and a political class in deep denial about the continent's problems.
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Meanwhile, financial diseases like "Eurosclerosis" and "Asian flu" are crippling economies in Europe and Asia.
Don't Look Down 2008
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The countries of the the EU are generally more taxed than us, resulting in the phenomena of Eurosclerosis.
The Volokh Conspiracy » The Double Standard of Libertarian Paternalism 2010
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At the same time, though, I also expect the Romania of the future to succumb to Eurosclerosis, a demographically-driven fiscal imbalance, and worse.
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The United States doesn't have Eurosclerosis yet, but the Democratic Party does.
The Only Policy Left: Growth Daniel Henninger 2010
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Across the Atlantic, Eurosclerosis is a term that has been heard for decades, describing persistently high rates of long-term unemployment in European labor markets caught in a vice between high - and long-duration benefits and high and progressive taxation on income from work.
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Across the Atlantic, Eurosclerosis is a term that has been heard for decades, describing persistently high rates of long-term unemployment in European labor markets caught in a vice between high - and long-duration benefits and high and progressive taxation on income from work.
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Across the Atlantic, Eurosclerosis is a term that has been heard for decades, describing persistently high rates of long-term unemployment in European labor markets caught in a vice between high - and long-duration benefits and high and progressive taxation on income from work.
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