Sunday, May 17, 2009

COTD: Surviving Being Norway

clipped from taxprof.typepad.com

A country like Norway, semi-socialist as it is, only survives economically with its high taxes, because it mines and drills the living daylights out of its resources. Good for them. But since our Democrats in the U.S. don't want more drilling but they DO want higher taxes and taxpayer-provided full health-care, we're in for some BIG TROUBLE. The Democrats don't know how to make our economy work better. They love the "European" model, but they don't realize how that's going to crush us even worse. We already pay total fed, st, local taxes of nearly 40% of GDP. I'd say that's economic suicide especially with our idiotic energy policy.

These "OECD" studies are useless. They provide no answers of how to achieve the "American Dream". We need MORE freedom, not less economic freedom.