Pat Buchanan speaks out some unpleasant truths:
"... In every Western nation, government is growing beyond the capacity of taxpayers to bear. Deficits and debt are surging. Not enough children are being born to replace parents. The immigrant poor who consume more than they contribute are coming to take the empty places. Seniors and elderly are growing as a share of the population. Companies are saying goodbye to the West and moving offshore to low-wage lands.
The West begins to look like yesterday, while the East begins to look like tomorrow.
The West is approaching a crisis of solvency and of democracy..."
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Comment: We are earning full harvest of the seeds that were sown when leftist Keynesianism conquered Europe and the US in the late 1960s. This ideology is still with us and the worse conditions get, the more popular government expenditure for war and welfare become. It is an vicious cycle, and the West is digging a hole that gets bigger each decade. Yet there is a difference between the 1970s up to 1990. In the first decade of the 21st century more and more people have become aware that the modern welfare-warfare state has to be ended. After fascism and communism, after absolutism and all kinds of dictatorship including the dictatorship of opinion in democracy the time has come to move beyond the welfare-warfare state towards a libertarian order. And then, there is a second point to make. Buchanan puts all the blame on the West, but in reality most of the so-called emerging countries aren't doing any better. Most of the countries in the developing world have economies that are even more regulated; government in these countries is not only as big and sometimes bigger than in the West, government in the third world typically is much more corrupt and thoroughly inefficient.
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