BORROW TIL BUST: Euro Summit Seeks to Calm Markets - WSJ.com
The facts are becoming increasingly evident that cradle to grave European socialism isn't self-sustaining in the larger global world (nor is it in America - see Illinois).
As money and energy is siphoned from the private sector and individuals and transferred to the state, there is a doubly negative feedback loop.
Will all of these financial problems create a political turn to support producers instead of those feeling entitled? If so, this could be a good crisis.
But, government and unions have so far seemed to believe that success or failure in life is the luck of the draw - rather than the results of hard work and study.
A society gets what it asks for. Will Europe ask for growth and individual responsibility?
Friday, May 7, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment