Debt Crisis Is a Symptom of Wider Failings - WSJ.com
It would seem as though EU citizens need to see the halcyon call of socialists has consequences. And, those consequences include a lack of jobs and growth.
The young need to see it and the old need to recognize it. But, this doesn't seem to be the case in much of Europe.
More taxes just mean less for the individuals and private sector and more for the bureaucrats, unions and politically entitled.
Those who think job protections are fair when there is 20% unemployment have a lesson to learn.
There are many ticking clocks. None of them very friendly.
Sadly, there's no interest in doing more than hoping the economic growth clock will start ticking. No politician has the guts to actually oil its works or wind it or even set it on level ground.
To do so would upset all too many other clocks.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment