Sunday, December 25, 2005

All You Socialists Out There...

Read this about France's titanic debt. This is what you want for America? If not, how do you expect the government (read, the citizens) to pay for all the social programs you want while at the same time avoiding the European problem, as modeled here by France?

7 comments:

MiamiMiami said...

Ah yes the dream of socialism! Isn't it great? I can'tr think of one place that has tried socialism where it has thrived the way it was supposed to. For that matter I can't think of one social program here in the states that has succeeded in eradicating the problem it was created to solve. Looks like capitalism DOES work!

evilrightwinger.blogspot.com

Edward said...

The US debt-to-GDP ratio is also not so good these days.

In fact, the per capita debt in France works out to roughly $21,000, while in the US it's over $27,000.

Darren said...

Yet our economy continues to grow.

I'm with Edward, though. We do have too much debt. Time to cut waste in government. We can start with this stupid prescription drug benefit, continue with the TSA, take a detour through omnibus spending bills that include everything but the kitchen sink (and sometimes include said sink)....

veggiedude said...

France's debt of $1000 billion is small. I wish the US was so good! In 2003, the interest alone on the US debt was $318 billion!!!

Oh yea, capitalism is so much better!

Darren said...

And which economy is thriving, and which is not, veggiedude?

veggiedude said...

The one in Communist China. They build a city the size of Houston each and every month.

Darren said...

Ah yes, Communist China. The socialist workers' paradise. Highest standard of living in the world, highest lifespan, most free citizenry.