Monday, March 16, 2009

Our Socialist Future

National Review's latest issue, cover story by Mark Steyn. Read it.

Do we want to assist in our own socialist suicide? The dying Europe model.

UPDATE: WSJ, Labor's European Model:
In Euro-terms, a "social market economy" offers state-provided health care, generous unemployment benefits, long holidays, various job protections and a prominent role for unions. Sounds good, you might say. But consider that the Europeans have spent the past two decades struggling to wean themselves off entitlements that are a huge drain on the overall economy. These welfare states leech off the productive parts of the economy through onerous taxes, debt and regulations.

Everyone ends up paying.

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