November 13, 2012 - 2:19 pm
Spain’s socialists are being forced to cut their beloved social welfare state because they simply cannot afford it. Plagued by rising unemployment and continuing recession, socialism appears destined to collapse economies around the world. Could America be next? Find out more on this Front Page as Allen Barton talks to Terry Jones of IBD and Scott Shackford of reason.com about the collapse of Spanish socialism.






The problem is that US media keep silent about this issue instead of making it an important part of the discussion about the future of this country. The don’t even talk about the future.
The absolute majority of our population, which is very poorly educated anyway, has no idea what the European system represents and how it got to the present condition.
Not only were most of the voters unaware, of what it means to go the way of Europe, but the media kept silent about the Radical-in-Chief’s FORWARD march towards economic deconstruction!
EVERY single policy he enacted was meant to destroy, and NOT to grow the economy. It is simple as that, but it was kept hidden by a compliant, whore-like gaggle of followers!
When revolutionaries hold the reins of power, this is what happens, yet ordinary voters did not intuit this nighmare.
http://adinakutnicki.com/2012/08/02/revealed-the-second-term-plans-of-an-obama-presidency-nothing-short-of-a-national-nightmare-commentary-by-adina-kutnicki/
G-d have mercy….the U.S. is falling off the cliff!
European Socialism Is Collapsing. Is America Next?
Does a cat have an A$$?
Here is the slogan of socialism: “From everyone according to his abilities, to everyone according to his contribution”.
What we have in the US – is something different. You have a lot of areas (Obama’s organized community in Chicago is an example), where people do not contribute anything but get whatever they need – food, money, housing, cellphones, health care, and education for their children.
The only reason Europe had the chance to play with their cradle to grave socialism was because of of the US military that had their back.
All during the cold war Europe didn’t even HAVE to bother about their own protection – because of US.
Well, our socialists totally ignored that as part of their calculations (a potential invading USSR army) when they looked upon the European model.
Now that it’s ready to crumble they are pretty ripe for invasion and we (with our own crumbling economy) certainly don’t have the will to do anything about it.
It’s only a matter of time before all havens of the west are attacked and we’ve allowed ourselves to be caught.
I want to point out that FDR’s social security probably destroyed American’s ability to respond to a threat of the level of WW2. Irony.
Also, American’s immigration and mixed ethnic groups makes socialism even more difficult.
As the recent Manhattan Institute study pointed out, California is, if not hemorrhaging (yet), slowly bleeding away job creators, investors in job creation and skilled talent (aka taxpayers) at the rate of 225,000 a year. And only Illinois now has a worse credit rating. I see no possibility the Left will admit that these consequences follow from their economically destructive beliefs; so killing makers’ incentives to stay and produce will grind on to its inevitable conclusion.
We should be so lucky.
TAXES AND REGULATIONS ARE EASY WAYS TO CRASH A COUNTRY, AND OBAMA LOVE BOTH OF THEM… IN PAST 90 DAYS OBAMA ADMIN POSTS 68 NEW REGULATIONS EACH DAY. In keeping some of the most controversial environmental and healthcare regulations under wraps during the month of October, the federal government has posted to its regulations website an average of 68 new regulations and notifications. The total comes to 6,125 in the past 90 days as of Friday … READ MORE: http://bwcentral.org/2012/11/in-past-90-days-obama-admin-posts-68-new-regulations-each-day/
There is, of course, the irony that Europe has been moving away from social democracy to some extent over the last couple of decades, and their current and apparently disastrous approach to the financial crisis ought to sound familiar: it’s pretty much the Romney economic plan. The current world-wide depression has very little to do with socialism: it’s the gift of neoliberal economic policies.
The countries with the biggest safety nets are actually doing pretty well (Sweden, Denmark, Norway, Finland, Germany).
You use words in so peculiar a way so that in a sense they have no more meaning than “damn!” or “Hell!” Your weird use of the word socialism is a good example. Though there are countries in Europe that are led by socialist parties, they are all capitalist countries, which is hardly surprising since the socialists pretty much gave up nationalizing industries a hundred years ago. I guess you missed the memo about that. What you object to is more accurately called social democracy, i.e. the welfare state, which is capitalism with some of its bad effects moderated by collective action.
Is European “socialism” collapsing? Maybe, but I think it much more likely that the social democracy version of capitalism will go on collapsing indefinitely much in the same way that Darwinism is always on its last legs according to the Creationists. PJTV can save this article and reprint it every couple of years for the next century.
It’s not that the social democracy is some sort of magic solution to all of life’s problems or that the post-World War II version of European social democracy didn’t have obvious flaws. In general terms, though, a serious alternative is not available. The free market utopian of your dreams is, in the best case, Mississippi, in the worst Somalia while modern-day Scandinavia is, according to surveys, the happiest region of the Earth. For that matter, there is a reason that rich old Conservatives retire to France. Capitalism without democracy produces banana republics.