We’re already Europe

posted by
February 23, 2012
Freedom Politics
by Michael D. Tanner  
Posted in Commentary

"With seemingly every day bringing more bad news from Europe, many are beginning to ask how much longer the United States has before our welfare state follows the European model into bankruptcy. The bad news is: It may already have. This year, the fourth straight year that we borrowed more than $1 trillion to support the U.S. government, our budget deficit will top $1.3 trillion, 8.7 percent of our GDP." (02/22/12)


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