Rush’s Morning Update: Never Works!
May 27, 2010
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According to the New York Times, Europeans are “suddenly” worried that the economic crisis is threatening their liberal benefits. I mean, it’s downright hilarious.
Listen to this: “Across Western Europe– the ‘lifestyle superpower’– the assumptions and gains of a lifetime are suddenly in doubt.” My heart bleeds. The Times goes on to say their deficit crisis has “undermined the sustainability of the European standard of social welfare, built by left-leaning governments since the end of World War II.”
Worse, Europeans have “boasted” for years about their generous vacations, early retirements, national health care programs, cradle-to-grave welfare benefits while sneering at the “comparative harshness of American capitalism.” And yet now…they’re broke.
Nowhere in this tale of woe does the Times or any of the quoted Euro-libs address
These people will never understand
It’s the Ponzi model, the Madoff model, the Obama, Nancy, and Harry model:Party now with money you don’t have, and figure someone else will pay for it — when you’re dead.It doesn’t work. It’s never worked. And it never will work — not over there…and certainly notover here.
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