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:

Trending Today
Brian Garst

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

5

Atlanta Journal Columnist Tucker Says USA is ‘The Enemy’

Columnist Cynthia Tucker of the Atlanta Journal-Constitution, a 2007 Pulitzer Prize winner, has found the enemy and he is us.

0

NewsBusted 8/05/14

Trending Today

29

What Are We Protesting Again?

As the Occupy Wall Street protesters finish their first month of protests, they seem more confused and disorganized than ever.