The Other Shoe

clipped from www2.macleans.ca Our very lifestyle demands penitence: Americans have easily accessible oil reserves, but it would be wrong to touch them, so poor old BP have to do the “environmentally responsible” thing and be out in the middle of the Gulf a mile underwater. If you’re rich enough to be that stupid, what won’t you subsidize? The green jobs, the gay parades, the jihadist welfare queens, the Greek public sector unions, all have to be paid for by a shrinking base of contributing workers whose children and grandchildren will lead poorer and meaner lives because of the fecklessness of government. The social compact of the postwar era cannot hold. Across the developed world, a beleaguered middle class is beginning to understand that it’s no longer that rich. At some point, it will look at the sheer waste of government spending, the other shoe will drop, and it will decide that it no longer wishes to be that stupid.