Now is Not the Time to Be More Like Europe

The ongoing crack-up of Europe, and the pending collapse of the Eurozone, is an ugly thing to behold. But their failure can be our gain, if we just learn from their mistakes.

A new video by the Center for Freedom and Prosperity provides 5 lessons from the European fiscal implosion that US policymakers should take to heart. In short:

1) Higher taxes lead to higher spending, not lower deficits.
2) A value-added tax would be a disaster.
3) A welfare state cripples the human spirit.
4) Nations reach a point of no return when the number of people mooching off government exceeds the number of people producing.
5) Bailouts don’t work.

Watch the video for the evidence:

Brian Garst

Brian Garst is the Director of Government Affairs for the Center for Freedom and Prosperity, a non-profit think tank dedicated to preserving tax competition and free markets. He also blogs at BrianGarst.com.

Related Articles

8

Obama Donor, Now Medical Records Czar Gets Little Gov’t Job BIG Gov’t Contracts

FacebookTwitterEmail Must be nice to be a member of the “in” crowd, the crowd of crony capitalists to whom President

0

NewsBusted 06/02/15

FacebookTwitterEmail

26

Obama Likes Euroweenies So Much He Even Dates Like One

FacebookTwitterEmail On my Twitter feed, I spotted a post by Patrick Ruffini asking a pertinent question… “What’s up with Barack

Share This

Share this post with your friends!