Originally Posted by L.A. BRONCOS FAN
Another ignorant claim.
Those European countries that are in bad shape got that way because they drank the same "free market" Kool-Aid as the U.S. during the BushCo credit/housing/equity pump and dump.
All aboard the Communist Brigade!!
European Socialist Democracies only took 70 years to fail, while attempting to pay for single payer and cradle-to-the-grave welfare. They can raise taxes all they want, in an attempt to balance their budgets...it will never happen.
Without a strong U.S. worldwide military presence, Europe would not be able to defend themselves, because they can't afford barely any military spending...and have more defense cuts every year.
The entire world would be in complete chaos if every country adopted failed European policies, which is exactly what is happening in the countries that already have. Massive inflation, massive unemployment, and permanent slow growth or recession. All amounting to inevitable collapse. How long do you think Obama and Bernanke can keep printing dollars? Here's a hint: not long.