Monday, March 23, 2009

Ask the Experts




According to the Wall Street Journal’s INVESTOR'S BUSINESS DAILY, The European Union, after 100 years of experimenting with Socialism is now convinced that government spending in excess of the ability of a nations productive capacity to finance it, is fool hearty.

You can't think you can solve everything with taxpayers' money. Stimulus packages are already in place and taking us through this challenging time," said Fredrik Reinfeldt, the prime minister of, brace yourself, Sweden.

The full article available at: http://www.ibdeditorials.com/IBDArticles.aspx?id=322441982950784 is quite an interesting parallel. The new administration is asking that we embrace this new CHANGE, but europe has been living it for over 100 years.

Europeans and Americans aren't precisely alike, but that doesn't mean we can't listen to them on something they understand better than us: Socialism. So much spending, Europe tells us, isn't good for you. Are we going to listen?

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