Saturday, December 06, 2008

U.S. will join EU

Universal health care, widespread unionization, stronger regulations on business, profit-sharing for employees, higher taxes - European socialism is a worthy model for America according to the President of the SEIU (service employees international union). He thinks that "Western Europe as much as we used to make fun of it has made different trade-offs which may have ended up with a little more unemployment but a lot more quality." This is the way our country is heading. Data proving disasterous results, will not matter. Americans won’t need to ‘do the right thing’ by living and saving responsibly because they will live in a land of levelness. Since1960, the savings rate has fallen from 9% to 1.4% as financial and non-financial debt ( household, government, business) has risen accordingly. Any rationalization will do to justify America’s ‘loss’ (or gain if liberal leftists present the argument) to European socialism.

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