On today's Morning Joe, BBC's Katty Kay, anchor of the network's American edition, said that Europeans favor the re-election of President Obama because he is more supportive of "European social-democratic values." You know, those wonderful welfare-state policies that have worked their magic so well that Europe now enjoys . . . an 11.1% unemployment rate. View the video after the jump.

Read more: BBC Big: Europe Pulling For Obama As More Supportive Of 'Social Democratic' Values | NewsBusters.org (http://newsbusters.org/blogs/mark-finkelstein/2012/07/03/bbc-big-europe-pulling-obama-more-supportive-social-democratic-val#ixzz1za8xMhqg)