Monday, January 2, 2012

THE EVER-LOVELY 'FREE ECONOMIC LUNCH': Europe's Leaders May Need History Lesson - WSJ.com

Europe's Leaders May Need History Lesson - WSJ.com

Socialists believe there really is a free lunch. And, from the strikes and the (non-growth and continuing anti-growth) policies of the politicians, it would appear as though the ability to restructure to a growth encouraging and job creating set of policies is still not on the table.

People have been told and led to believe (and, of course, would naturally want to believe) in a 'free-economic-lunch'.

Sadly for much of the socially-minded developed world, the deferred cost of that free lunch has compounded to quite a sum.

Now the politicians have to figure out how to pay for it since the old credit card limits have been reached (or perhaps exceeded).

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