Remember before the financial collapse how often we heard from Liberals that we need to be more like Europe? Now they’re blaming European collapse on “austerity measures” – as if they were too conservative all along!!
For more on America and Europe, read this great piece by Walter E. Williams, in 2006, from before the collapse:
Some Americans look to European countries such as France, Germany and its Scandinavian neighbors and suggest that we adopt some of their economic policies. I agree, we should look at Europe for the lessons they can teach us. Dr. Daniel Mitchell, research fellow at the Heritage Foundation, does just that in his paper titled “Fiscal Policy Lessons from Europe.”