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:

Also see,

Related Articles

0

Do you Believe in Santa, the Tooth Fairy, and the Stimulus?

Christmas for adults is never quite the same as Christmas for the under 12-year-old set. Not that it’s all bad

0

Leftist Donna Brazile Warns The GOP Civil War is Over, The Tea Party Won

Old Clinton hack Donna Brazile has a message for her readers: the GOP civil war is over and the Tea

634

Democrats, Vogue Magazine WhiteWash Genocidal Syrian President Assad

Cross-posted at UNCOVERAGE Even one of the most repressive, sadomasochistic dictators ever can find mascots in the shameful American elite