Pain In Europe Result of Same Policies Championed By American Liberals

By Douglas V. Gibbs

As conservatives, we exclaim the truths that liberal policies are historically failed policies, and Europe is a perfect example of it. We recognize the pain going on in Europe as a result of socialism, watching them teeter on collapse, and suffer from the policies that the Obama administration currently champions. Americanism, when government gets out of the way and let's freedom do its thing, always results in prosperity, and whenever the government starts tweaking and regulating, it always results in economic pain.

In Europe, they are a decade or so ahead of us in the advancement of the damaging effects of big government and the welfare state.  The pain in Europe is due to bigger and bigger government involvement in the private sector, and the lives of individuals, and those policies have resulted in escalating joblessness, rising inflation (after fears of deflation), a loss of government programs on which Europeans have depended for so long, and a social breakdown that often manifests itself in violent demonstrations.  The younger generation is the hardest hit, experiencing unemployment higher, in some of the countries, than there ever has been during their lifetimes.

Europe's debt crisis, and economic suffering, has led some European countries to consider creating fiat-money through a money printing program similar to what Obama is doing in the United States. . . a move that would trend the economies back towards deflation, and render their currency nearly worthless, while worsening the situation long before it could ever help the situation.

All of the talks have centered around Europe increasing their Keynesian-style tactics, the very economic strategies that placed them into this pickle in the first place.  A simple reduction in taxation, reduction in government regulations against businesses, and reduction in overall spending will invigorate the economies of these country, encourage entrepreneurship, and turn things around.  As the new businesses grow, the need for workers will rise, production will increase, and the economies would strengthen.

European Union leaders are expected to put the problem of joblessness at the forefront of a summit in Brussels at the end of June.  Leaders also warn that the riots could worsen, and literally become a bloody revolution, if Europe's welfare model is abandoned.

It is a battle of doing what is necessary, while trying to wean a dependent society off of the government teat. The governments of Europe are unwilling to tamper with the welfare-state, and so collapse is inevitable.

-- Political Pistachio Conservative News and Commentary

Record Unemployment, low inflation underline Europe's pain - Reuters