Thursday, February 17, 2011

Are We There Yet?

Conservative politicos and pundits keep warning that the president wants to impose "European-style socialism" right here in the good old US of A. But he needn't bother. Signs point to the fact that it's already here.

The backlash France has seen from the entitled classes created by European-style socialism is already being witnessed here, albeit on a small scale, in the attacks by public employee unions on any politician or proposal that threatens their spot on the government gravy train. We see the entitlement mentality at work in Wisconsin. We see it at work in every other state where governors are trying to achieve fiscal sustainability by seeking concessions from unions or rolling-back collective bargaining rights. And the backlash is getting angry and ugly.

Mass demonstrations and riots of the sort we sometimes see in Europe haven't been seen in the United States, yet. But that's because printed money and massive borrowing are delaying the day of reckoning, when entitlements and unsustainable pay and pension plans actually have to be pruned back. Europe got there sooner only because it had a head start. We're catching-up fast, however -- and actually accelerating toward the inevitable train wreck under President Obama.

European-style socialism isn't something that's coming. It's something that's already here.

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