Before I get onto the actual subject at hand, I’d like to take a moment to personally thank Kate for the great honour of blogging on SDA in 2011. Like many of you, I imagine, I was drawn to this site several years ago as a refuge from the liberal-MSM and a temporary sanctuary of sanity. Living here on Canada’s Left Coast, as I do, throughout much of my life I was told that my fiscal conservative principles and dismissiveness of political correctness made me: selfish, ignorant, narrow minded, unenlightened, and a host of other pejoratives. Fast forward to 2011 though . . . like two freight trains heading toward each other, the Great Lies of “Progressives” are starting to meet head on with Undeniable Economic Facts. As the infamous Jeremiah Wright once said, “the chickens are comin’ home to roost!”
Earlier this week, American radio talkshow host, Dennis Prager, spent 2 straight hours focused entirely on this stunning article about the increasing collapse of the social welfare state in Europe. There are several great quotes within, including this one:
“By now, only a few people refuse to understand that youth protests aren’t a protest against the university reform, but against a general situation in which the older generations have eaten the future of the younger ones.” — Giuliano Amato, economist and former Italian prime minister
The never ending cycle of borrowing from the future to pay for unaffordable luxuries today has worked well in Europe for many decades. Quite frankly, any political party that dared put a permanent halt to it would have been thrown out of office in no time for the liberal media and public sector unions would have had no problem convincing a majority of voters that More-More-More didn’t have to Stop-Stop-Stop anytime soon.
This coming decade may finally signal European society finally hitting rock bottom, not all too dissimilar from an addict reaching the same point. But they’re not there yet and it’s going to get awfully messy before it gets better. Until then, watch both the unemployment and the debt throughout Europe continue to soar.
