All Commentary
Wednesday, May 12, 2010

Greece & U.S.: Too Close for Comfort

“It’s easy to look at the protesters and the politicians in Greece — and at the other European countries with huge debts — and wonder why they don’t get it. They have been enjoying more generous government benefits than they can afford. No mass rally and no bailout fund will change that. Only benefit cuts or tax increases can. Yet in the back of your mind comes a nagging question: how different, really, is the United States? ” (New York Times, Wednesday )

Good question.

FEE Timely Classic
“The Evil of Government Debt” by Sheldon Richman