Sick and tired of the Leftist notion that Nirvana is just across the Atlantic
The Leftists who truly hate America, believe that there is perfection in other countries and all that needs to happen here to reach Nirvana is to duplicate the institutions found abroad. This ignores the future consequences these countries will face for having such a Nanny State today.
Apart from Italy, the Netherlands and Japan, no country faces such unfavorable population development as Germany. The old-age dependency ratio, i.e. the number of people over 65 as a percentage of those of working age (15-65) will rise from 22% at present to 47% by the year 2030. In comparison, the coming structural changes appear a lot less dramatic in the U.K., where the proportion will rise from 23.5% (1990) to 39%, and in the U.S., where it will grow from 19% to around 32%. Despite this, Germany is still bringing up the rear in terms of funded pension systems, along with its neighbors France and Italy. here
From a fantastic article in Forbes:
The EU is built on a fantasy--that men and women can do less and less work, have longer and longer holidays and retire at an earlier age, while having their income, in real terms, and their standard of living increase. And this miracle is to be brought about by the enlightened bureaucratic regulation of every aspect of life.
The Lefties see the "bliss" of today, yet won't talk about the elephant in the room -- the overwhelming off-book debt that will come due when the population's age distribution shifts.
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