What mystifies me about Obama’s claim that “our economy is faltering merely because of these unexpected hiccups in Europe” is that those “hiccups” are exactly what he wants to create here in the states. Can you imagine saying that your prescriptions are not working because we are suffering from the pain caused by someone else using your prescriptions before you did? This is the essence of Barack Obama’s logic, and there is no excuse for thinking people to let him get away with it. The welfare-state is an unaffordable debacle, not merely because it is immoral, but also because it is untenable economically. Has America’s economic growth been impeded by Europe’s malaise? Of course. Is the solution to America’s slow growth more of what created Europe’s malaise? Some questions do not require an answer.
Europe’s Problems are Keeping us from Becoming like Europe
July 20, 2012 By