All Commentary
Friday, June 25, 2010

Europe Turns to Budget Cuts

U.S. political leaders like to talk about cutting budget deficits even while they are adding to them. But European leaders from Britain to Greece, under the gun of a withering financial crisis, are actually proposing and carrying out drastic and unprecedented cuts in everything from hallowed state pension programs to green-energy projects, provoking the kind of public backlash that inspires fear in U.S. politicians. (Washington Times, Friday)

Bizarro world?

FEE Timely Classic:
Why Socialism Failed” by Mark Perry