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

37

Obama Regime Imposing the Same Race-Based Loans That Led to 2008 Collapse

It took a collapse of the housing market that brought the entire economy down with it, but at least we

34

Investors Shift Focus To Jobs, “Stubborn Unemployment”

Gee, if only the administration would shift their focus to jobs…..well, not really, because the Democrat policies on jobs and

0

NewsBusted 8/20/13

Trending Today