Your liberal/socialist/communist stupidity may prevent you from truly understanding the following article where stupid Paul K comments on the impending bankruptcy of Europe. But even as dense as you must be, the large concept of a huge unaffordable entitlement state insufficiently supported by ever enlarging taxes cannot escape even the most wacky.
Let's no longer argue that spending cuts or managing taxes around the margin will prevent us from going next.
I have argued with you and your kind for so long, I have come to the only sane conclusion...you hate this country and its system of government. And I ask why? We have been in concept a moral and economic guiding light for many years despite many opportunities to pursue exactly the opposite. YOU WANT TO MAKE US LIKE EUROPE...WHY?
From Stupid Paul: (and really, no shit Paul) The bitter truth is that it’s looking more and more as if the euro system is doomed. And the even more bitter truth is that given the way that system has been performing, Europe might be better off if it collapses sooner rather than later.
http://www.nytimes.com/2011/10/24/opinion/the-hole-in-europes-bucket.html?_r=1
3 comments:
Printing money "Wouldn’t that cause inflation? Probably not: whatever the likes of Ron Paul may believe, money creation isn’t inflationary in a depressed economy" What part of that don't you understand Jim?
For most of the post-war era, America has been run under the Keynesian economic model. We are a mixed economy nation, with Social Security, Medicare, Medicaid, Unemployment Insurance, Workers Comp, Aid to Families with Dependent Children, the 40-Hour Week, etc. The distinctions between the US and Europe are relatively small when you look a the big picture.
Are we a guiding light? You bet. Europe is too.
babble, babbler, babblest.
We are going broke because we have not quit spending more than we take in...for a while.
They have a failed system, you want us to do the same.
Baxter, we have a deficit of 1.3 T and tax receipts are up.
Spending has increased by 30% since 2007 and that is not enough?
Are you saying the wealthy...
see post
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