I periodically warn that the United States is on a path to become a European-style welfare state.
That sounds good to some people since it implies lots of goodies paid for by other people.
So I always explain that there’s a downside. The economic data clearly show that there’s been less growth in Europe and this has real-world consequences.
Europe is diverging from the United States economically, not converging.- The average American enjoys much higher levels of income and better quality of life.
- America’s poor people have incomes equal to middle-class Europeans.
This is why it’s so depressing that Joe Biden has a radical agenda of higher tax rates and much bigger government.
He wants us to copy an approach that has produced inferior outcomes.
The editorial page of the Wall Street Journal has been sounding the alarm.
In a recent column, Professor Josef…
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Utopia, you are standing in it! 
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