by Daniel Greenfield
Sep 5th, 2012
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This is where the progressive impulse always goes wrong because it is rooted in getting people to do what the planners want, rather than allowing people to do what they want. People act responsibly for their own long term goals. Progressive tinkering makes it impossible for them to achieve those long term goals, destroying any plans that they have and taking productivity and the economy with it.
This is somewhat the USSR did at every turn with horrible consequences and its people stopped working and planning for the future. That is happening here now and it will mean the end of a viable America and the death of its spirit.
near-zero interest (and calls for cancellation of debt and redistribution of property) represented a vast transfer of wealth from those who saved to those who owe.
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Unemployment rates of those 16-24 are now officially over 50%. Even the cohort between 16 and 29 suffers from 45% unemployment. In short, in four years we have become Europeanized:
In eight years we wont just be Europe, well be Spain and Greece.
The End of America | FrontPage Magazine