For too long Europe has had an easy ride. Rather than pay for their own defense, they have leeched off the Unites States and always criticize us when we use force. They are the first to insult America yet expect us to defend them. Those days are coming to an end as Americans are tired of war and being the world’s policeman. While Americans die, Europeans party and live the good life. Well now Europe is running out of money and it’s time to pay the bills. The US is not far off from this situation as states like California and New York show. The media is hyping this Obama Boom as the best economy since the 90’s and that things are good again. This is a lie since the US is accumulating debt at an unprecedented level. What we see happening in Europe, could be our future.
I Have seen the future, and it doesn’t work.
Don’t get me wrong: New Year’s in beautiful Barcelona was a blast. Spain is a great vacation spot, with good food and gorgeous women — but nobody seems to be working outside the tourist areas.
The reason is pretty simple: The Bernie Madoff-like Ponzi scheme of big government has been squeezing the productive class and redistributing its tax dollars and innovation to everyone else for years — and is finally reaching its boiling point.
And the way things are going, we’re probably not far behind.
Read the rest: Why Europe’s malaise could come here
Unless we get our fiscal house in order, these so called great times are an illusion.
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Tags: Debt, Obama Boom
