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:
FacebookTwitterEmail On February 27 the Times Online from Britain published what it hailed as amazing proof that 4th century Britain
George Will crafts quite a descriptive metaphor for California’s failing economy, comparing it to the titular ultimate basket-case soldier in Dalton Trumbo’s infamous 1939 anti-war novel “Johnny Got His Gun.” As Trumbo writes, if Johnny got his gun, then most certainly, “Berkeley Got Its Liberalism.”
FacebookTwitterEmail If you thought his speech on Syria was bad, wait till you hear this one (The Hill) President Obama