The welfare state is not compassionate; it is the height of selfishness and generational cruelty:
The Europeans have lived off of our system, both militarily and economically, for generations. Now we have a President who wants us to be more like Europe.
Across Western Europe, the “lifestyle superpower,” the assumptions and gains of a lifetime are suddenly in doubt. The deficit crisis that threatens the euro has also undermined the sustainability of the European standard of social welfare, built by left-leaning governments since the end of World War II.
Europeans have boasted about their social model, with its generous vacations and early retirements, its national health care systems and extensive welfare benefits, contrasting it with the comparative harshness of American capitalism.
Europeans have benefited from low military spending, protected by NATO and the American nuclear umbrella. They have also translated higher taxes into a cradle-to-grave safety net. “The Europe that protects” is a slogan of the European Union.
But all over Europe governments with big budgets, falling tax revenues and aging populations are experiencing rising deficits, with more bad news ahead.
But we do not have anyone to support us in this folly, the way we supported Europe. It will not take two generations for the collapse with us.
Just two terms.
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