Thursday, January 03, 2013

Are We Becoming Argentina?

We're now one step closer to America's coming civil war
[...] Since 1970, America’s public sector has exploded as a percentage of GDP, rising to almost 25% last year. While the national unemployment rate hovers at the 8% mark, government worker unemployment rate is a cozy 3.8%. Sixteen percent of America’s workforce now work for government. By the time the Obama administration ends, we won’t be that far away from Argentina’s 21 percent.

Yet as an economic and social enterprise, government creates nothing.

Far from adding to people’s standard of living, government is the number one cause of poverty in this country. It forces those who depend on its largesse to live hand to mouth, with no time or money to plan for the future. They become unable to fend for themselves---and increasingly resentful of those who can.

When the economy tanks and the government checks have to shrink, their only alternative is to take to the streets. That’s what happening in Argentina, and in Greece; and that’s where the growth of government is taking us here, as this current budget deal increases handouts–and more and more Americans are finding that an unemployment or Social Security disability check is their only life line.

Washington’s Republicans and Democrats alike have become the toll collectors on the road to serfdom–and the road to Rosario. [...]
"Rosario" is the name of the Argentine city the author speaks about at the beginning of the article. Read what he says about it. Is that where we are heading? God forbid.

     

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