Right before our eyes we are witnessing the folly of progressivism/statism/socialism. The "makers" like Germany in the EU are being expected to pony up a bail out for "takers" like Greece... but the Greeks are absolutely refusing to cut their very generous public benefits.
The Germans are rightly asking, "Why should we sacrifice when they won't?"
This is played out at both the macro and micro levels. In our nation, you have a mass protest on Wall Street parly motivated by the belief of some that the deserve "free stuff" paid for by someone who went out and earned money. We have Progressives bailing out companies or "investing" in companies that are not viable on their own with cash extracted from people who are generating wealth in the economy.
I sincerely wonder how so many smart people can turn a blind eye to that abject failure of all forms of big gov't.
The Germans are rightly asking, "Why should we sacrifice when they won't?"
This is played out at both the macro and micro levels. In our nation, you have a mass protest on Wall Street parly motivated by the belief of some that the deserve "free stuff" paid for by someone who went out and earned money. We have Progressives bailing out companies or "investing" in companies that are not viable on their own with cash extracted from people who are generating wealth in the economy.
I sincerely wonder how so many smart people can turn a blind eye to that abject failure of all forms of big gov't.
