Monday, June 29, 2015

Liberal economics on display in Athens

Because the Greek government wasn't willing to accept a partial cut in pensions and government wages as a condition for additional help from the E.U., they are now shutting banks down, resulting in a 100% cut in money available for significant portions of their population.  All I can say is that it's a good thing that Greece is one of the most obese nations on the planet, so they'll be able to survive missing a few meals.

Given that the level of thinking in the American left isn't much better than the money quote from Powerline, let's just say that going forward, Mrs. Obama's health initiates could ironically end up being lethal to many Americans in a few years, when the results of our financial profligacy come home to roost.

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