Europe - Obama's economic model joblessness rate at new high

01 Jun 2012 14:44 #11 by Rick
I think the point is (and nothing to do with global warming), is that the more we head in a socialist direction, the more we will face the same problems Europe is facing. The Obama answer seems to always be higher taxes, more regulation, and utopian fairness that can never be achieved. This country will succeed again if we are ever able to see Europe for what it really is becoming then go in the other direction. JMO

The left is angry because they are now being judged by the content of their character and not by the color of their skin.

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01 Jun 2012 14:46 #12 by BearMtnHIB

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01 Jun 2012 14:53 #13 by FredHayek

CritiKalbILL wrote: I think the point is (and nothing to do with global warming), is that the more we head in a socialist direction, the more we will face the same problems Europe is facing. The Obama answer seems to always be higher taxes, more regulation, and utopian fairness that can never be achieved. This country will succeed again if we are ever able to see Europe for what it really is becoming then go in the other direction. JMO


Maybe. But one of Europe's big issues is small countries like Greece and the other basketcases can no longer print money to pay the bills. Most of the PIIGS have lower debt as a percentage of GDP than the US. Japan has debt over 200% of GDP.

Doesn't matter who is in charge, we will keep heading to more socialism, the people want it, the question is the speed at which we advance. I prefer 30mph speed under Romney to 100mph under Obama, Pelosi, & Reid.

Thomas Sowell: There are no solutions, just trade-offs.

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