Obama Will Reduce US to European Welfare State
By Betsy McCaughey July 15, 2011
Congress's next fact-finding mission should be to the cramped living quarters of most Europeans, who also cannot afford modern conveniences.
The lower standard of living in Europe should serve as a warning that the United States must avoid becoming "Europeanized." In fact, the spendaholics in Congress should take a close look at the plight of Europeans before raising the debt ceiling.
America's rapid increase in government spending over the past three years risks pushing it from a highly productive market economy to a European-like welfare state. To see what that change would mean to the typical American household, just look across the Atlantic.