National

Five Lessons from the European financial crisis


1. Higher taxes lead to higher spending, not lower deficits.
2. A value-added tax would be a disaster.
3. A welfare state cripples the human spirit.
4. Nations reach a point of no return when the number of people mooching off government exceeds the number of people producing.
5. BAILOUTS DON’T WORK.

Read more details and see video at Forbes.com

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Discussion

One thought on “Five Lessons from the European financial crisis

  1. Confirmed.

    Now, if we can only get Ron Paul elected to implement the healing measures we need.

    Posted by Jeremy D. Adams | November 18, 2011, 1:41 am

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