In the interim, as American fights for the right to be dim, here's a welcomed corrective to the teabagging blather. As for me, I'm going for a bicycle ride.
Learning From Europe, by Paul Krugman (New York Times).
As health care reform nears the finish line, there is much wailing and rending of garments among conservatives. And I’m not just talking about the tea partiers. Even calmer conservatives have been issuing dire warnings that Obamacare will turn America into a European-style social democracy. And everyone knows that Europe has lost all its economic dynamism.
Strange to say, however, what everyone knows isn’t true.
3 comments:
Sorry to disagree with Noble Economics Price Winner Krugman but there are many misleading things in his overly polictical article.
Feel free to disagree.
Krugman forgets to include that states like France have become increasingly more American with regards to their economic direction, then towards social capitalism, as his article leads you to believe.
If I recall correctly it was both Sarkozy’s and Merkel’s platform when they ran.
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