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Apr 19, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: Why America won’t go the way of Europe

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
Why America won't go the way of Europe
Apr 20th 2012, 00:17

I'm always surprised, in my conversations with conservatives, how often they distill the deficit down to a simple question: Do you really want the United States to go the way of Europe?

Interestingly, I'm now hearing it from liberals, too. Robert Borosage, director of the Campaign for America's Future, warns, "Take a good look at Europe — bloody riots in Athens and Madrid, rising unemployment, spreading poverty and suicide, and a deepening recession — because the current American elite consensus bizarrely wants to drive America down that same path."

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