Europe’s Welfare State at Risk
European Central Bank President Christine Lagarde has warned that Europe’s bolstering welfare state is at risk due to its declining economic environment. Lagarde said the EU “will not be able [...]
Under Communism, everyone made the same. That removed the incentive to even invent anything. The socialists looked at Henry Ford and despised his wealth. They ignored that Henry Ford invented the assembly line and created the auto industry; when everyone could afford a car, they expanded and began moving to the suburbs where they could commute. To the Socialists, all they look at is the money one person earns and say that is not fair. That is what destroyed Communism, and it will destroy the West as well – it’s just our turn.