Much of Europe is on the edge of bankruptcy amidst its permanent 10%-Plus unemployment. And its experience with younger workers, who do not get counted as unemployed because they give up seeking work early on, and are, in fact, permanently on the dole.
If they excel at something, it’s in their demand for funds from their neighbors’ taxes. Those neighbors who work.
This is the society many of our politicians fail to point to, when they sell us on government-supervised ObamaCare and other services the Europeans get so “cheaply.” (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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