Tuesday, November 16, 2010

Beware: Ireland Falling

Ireland was termed an economic miracle just a few short years ago. This was true as Ireland was booming and this new found prosperity brought ever more generous government benefits. The problem was with each share the abundance program, private and corporate wealth was necessarily diminished to pay for some supposed greater public good. Then suddenly and subtly, the recently gained good times began to evaporate. The Irish are finding as Greece found, that government simply can not provide everything because tax payers can not afford it. Lyndon B. Johnson proved America could not enjoy both guns and butter. The problem of Greece remains deeper and broader than was anticipated. Barack Hussein Obama is oblivious to these lessons and spends full speed ahead while Ireland which has done without the burden of paying much for her own defense, can now not even now afford butter.

No comments: