05-06-2012, 11:09 PM
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#1
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balrog
Join Date: Sep 2008
Posts: 4,056
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Is America Becoming an Anti-Risk Welfare State?
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A parallel is the way that things went wrong in Great Britain in the mid-20th century, when a combination of overseas commitments, excessive public debt, vested interests in the form of organized labor, and incompetent management and a pretty decadent ruling elite made Britain the sick man of Europe. There are some lessons there.
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http://online.barrons.com/article/SB...bs_article%3D1
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