SOCIALISM IN EUROPE

The Left is losing power in Europe while it is gaining in influence in the US according to The New York Times.

A specter is haunting Europe — the specter of Socialism’s slow collapse.

German voters clobbered the Social Democratic Party on Sunday, giving it only 23 percent of the vote, its worst performance since World War II.

Voters also punished left-leaning candidates in the summer’s European Parliament elections and trounced French Socialists in 2007. Where the left holds power, as in Spain and Britain, it is under attack. Where it is out, as in France, Italy and now Germany, it is divided and listless.