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Beware Europe’s Season of Woe
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There is a political and cultural freeze over the Atlantic. U.S. antipathy
to the European Union has been gathering slowly over decades.
Initially, left and right supported the integration of Europe, from its
earliest beginnings in the 1950s, as a six-nation coal and steel
community, through Britain's disputed entry in 1973 to its emergence as a
semi-political union, after the signing of the Maastricht Treaty in 1992.For the Eisenhower, Kennedy, Johnson, Nixon and Carter administrations,
business in Europe was with individual countries, held together not by
their efforts to unite their trade but by the looming Soviet monster. When
that fell with the Berlin Wall, the United States and Europe began a
reappraisal that is a work in progress.Americans began to reassess the emergence of a big third bloc in the
world: Europe. Fears of a trade citadel, unofficially called "Fortress
Europe," were voiced in Washington. These escalated with the signing of
the Single European Act, which went into effect in 1992: Was a new
superpower emerging from the womb?Petty trade disputes proliferated — allegations of dumping, arguments on
jet engine noise and the technical fix for old airliners, known as "hush
kits," dominated trade issues. European cheese, wine and other products
were targeted as Europeans and Americans came to realize that trade
partners are not trade friends; that national interests do not always
coincide with lofty trade goals. For example, Europeans hate restrictions
on American landing rights for their airlines, and Americans hate European
restrictions on our genetically engineered agricultural products.Even before the second Iraq war, there were growing tensions between the
United States and a more cohesive Europe, which had its own central bank,
court and trade policies.But the European Union lacks many of the features of a functioning
superstate. It has no military and a mishmash of national and
supranational laws. It is governed by commissioners but has a parliament,
which meets in Strasbourg and Brussels and has little authority to enact
law. The politically ambitious must still find their way in their state
legislatures: in Britain to Parliament, in France to the National Assembly
and in Germany to the Bundestag.Yet the superstate has powers. Step forward small (5 million people)
Slovakia which has just brought the rescue of Greece, through an EU-wide
financial bailout, to a halt. The tail wagged the European dog.
The European project is full of strange anomalies. Like every other
member, Slovakia — which ought not to count in an organization of 500
million people — has veto power. It can act like a single U.S. senator
holding up a nomination.Because the European Union is the product of many treaties (often
unpopular at passage), sweeteners like the veto were handed out like candy
at Halloween.Yet the European Union is a reality. In good times, most of its members
are only aware of its largest program: the Common Agricultural Policy. It
is a gargantuan agricultural support program. In many ways, it is the
backbone of the European Union. The European Union pays some farmers to
grow and others not to grow, seeking to find a kind of parity between the
poor hillside farm and the great fertile valleys.The boldest and most risky Euro-scheme by far, though, is the euro. Only
11 countries got into the euro zone, but all will be taxed to prop it up.Enter conservative U.S. economists, laughing. All along, they said it
would not work because there was no mechanism to cool, say, an overheated
German economy while propping up the southern states of Europe, referred
to by Winston Churchill as "the soft underbelly."Now that Greece is teetering on default, Euro-critics in the United States
are feeling jubilant. They are confident that Europe has been undermined
by social services, universal nanny statism and other degeneracies, like
low church attendance, generally available abortion, teenage drinking and
the lack of the death penalty.While Europeans are in despair about their profligacy, the idea of
sacrifice is met with street violence. The Europhobes might be even more
joyous if it were not for that awful sinking realization that the ice
cracking under Europe may be the same ice cracking under the United
States.Call it the soft underbelly of globalization. – For the Hearst-New York Times Syndicate
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