The great European socialist myth

[kiryan]

Why are we moving towards the European system that is failing in front of our very eyes?

http://www.politico.com/news/stories/0411/53657.html

Cameron was elected because he promised to make tough choices and, a year after the formation of his government, he has been true to his word. In a nation conditioned to believe in an all-encompassing welfare state, Cameron looks to raise the retirement age to 66 by the end of the decade, lay off hundreds of thousands of public workers, raise taxes and slash the costs of government programs by an average of 19 percent. He’s even willing to transform the National Health Service, for generations seen as the third rail of British politics, in a move that even members of his own party are blasting as “the greatest upheaval in the organization’s history.”

== sounds familiar

Despite the worsening political climate, Cameron has no choice but to soldier on. Great Britain’s welfare state is more bloated than America’s, and its fiscal condition is even more perilous, with a public deficit nearly 11.5 percent of its total economic output compared to 10.7 percent for the U.S.

== ... good to know that we're in good shape! 0.8% difference "great socialist nation" or "driving off a financial cliff" doth make.

But soon enough, Britain’s grim reality will be our own. America’s debt burden, already approaching 70 percent of the U.S.’s GDP, is unsustainable.

== but Obama and Dems tell us we're not spending enough!

[Ragorn]

This is why we need to raise taxes on the wealthy. But Republicans say we take in too much revenue already!

We cannot sustain Republican economics any longer.