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Author: Jim2B Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 744743  
Subject: Re: PeterRabit Date: 12/12/2012 1:13 PM
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Canada, Britain, Iceland, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Sweden, Switzerland,</> Japan, Australia, New Zealand, ...


You're making my point. All of those systems are on the way to implosion.

A few of these countries ARE doing better than the US.

These include Canada, Switzerland, Australia, and New Zealand. What is interesting about that is that ALL of these countries rank higher than the US on economic freedom scale.

This includes such as taxes, government debt, deficit spending, liabilities, etc.

So thank you PeterRabbit!

You just proved both sides of the conservative case: that countries who make poor fiscal decisions do poorly and that countries that rein in spending, cut entitlements, and cut taxes do better.

The sad thing is that Peter won't learn from this or investigate the facts. He'll just continue spouting his party's line without fact checking, thought, or considering the ramifications of what they are saying!
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