Sunday, November 20, 2011

CFPE: 5 Lessons from the EU Financial Crisis for the US

In this video, the Center for Freedom and Prosperity shares five key lessons that United States politicians should look at when determining its economic policy. The major points:
  1. Higher taxes mean bigger government, not lower deficits.
  2. Do not allow politicians to impose a VAT.
  3. Big government slows growth, but also cripples human spirit.
  4. Nations reach a dangerous tipping point.
  5. Bailouts don't work.

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