Monday, April 11, 2016

The European Economic Disease

                  
Europeans generally earn about as much for not working as they do on the job; their unemployment insurance is really comfortable welfare.
At the same time, they are accustomed to government
handouts of all kinds, despite government bankruptcy; the laws of economics mean nothing to them or their elected officials.

No wonder Europeans take to the streets whenever belt- tightening is suggested as a solution.
                       
Unfortunately, the majority of U.S. voters are on a similar lemming-like track. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

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