Posted on 06/07/2012 6:36:02 AM PDT by SeekAndFind
P.J. O’Rourke need not slander the good people of Baltimore in this manner...
Yep. Every so often, France goes insane. I think it comes from eating snails.
“Envy plus rhetoric equals ‘social justice’.” - Thomas Sowell
According to Wikipedia:
The public debt of France is 85.8% of their GDP.
The public debt of the United States is 100% of GDP.
Good point - it's a system set to implode at a given point...
That’s what liberals, in general, don’t seem to understand, or, worse, don’t care.
In order for their social programs to work for a long time, they must create jobs to ensure new money comes in to replace the old money that is lost from retirees, natural attrition (deaths, accidents, family etc.) and natural disasters.
The programs will stop dead in their tracks if the number of PRIVATE SECTOR employed drops below the number necessary to keep the cash flowing.
I say ‘PRIVATE SECTOR’ since public sector payrolls DO NOT CONTRIBUTE to the treasuries, they only diminish them.....
Too much lead in zee eau?
Maybe they can get the retirement age down to 22 and they could become like the American Occupiers!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.