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  Topic: Opportunity And Wealth Remain
In America, Not Europe
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Opportunity And Wealth Remain
In America, Not Europe

Investors Business Daily, by Matthew Melchiorre

Original Article

Posted By:StormCnter, 11/24/2012 6:11:19 AM

The presidential election proved Americans have embraced European-style social democracy and that ObamaCare is but the first chapter in a new era of big government. Or at least that´s the word from pundits from across the political spectrum. But despite the recent and significant growth of its government, America remains quite far from throwing away capitalism in favor of a European-style social market economy. And not only does America´s relatively freer economy offer more opportunity and wealth than those of Europe, its larger private safety net offers more individual choice.

      


Post Reply  

Reply 1 - Posted by: jgat, 11/24/2012 6:31:22 AM     (No. 9031416)

With Obama and Democrats in charge Americans will read articles like this and emulate someone jumping off the Empire State building and halfway down concluding "so far so good"!

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Reply 2 - Posted by: Spidey, 11/24/2012 6:55:27 AM     (No. 9031432)

You could say the private sector is surviving in spite of Obama. No matter who´s president,there´s going to be demand for products and services.That doesn´t mean they couldn´t be a lot better with the absence of Obama and his upcoming slew of rules and regulations.

Private sector people didn´t become successful by being stupid and they´ll figure out a way around Obama´s foolhardiness.

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Reply 3 - Posted by: planetgeo, 11/24/2012 7:25:35 AM     (No. 9031454)

Not for long. They may be going after income now, but it won´t be long before they go after assets. A socialist government is like a horde of locusts. It consumes everything in its path.

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Reply 4 - Posted by: Wetlandz, 11/24/2012 9:07:47 AM     (No. 9031611)

With every election cycle except 2010 is proving we are losing. I want to see taxes raised on the bottom 50%,no more free rides.

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Reply 5 - Posted by: chumley, 11/24/2012 9:25:12 AM     (No. 9031659)

I´m with you #4. If regular people start getting fleeced like the rest of us, maybe they will think a little harder before voting for people like Mr. Mmmm Mmmm Phone.
I would like to see some minimum tax of even $100. No "earned income credit".
If the communists in charge were really interested in "fairness", they would embrace this idea. Sauce for the goose and all that.

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Reply 6 - Posted by: Pocket Aces, 11/24/2012 9:50:14 AM     (No. 9031694)

I couldn´t disagree more with the author. America´s opportunities, liberties and freedoms are eroding on a daily basis.

My wife and I are committed to a 15 year plan. At which point we plan to retire to Costa Rica. If our liberties continue to erode at this rate, we will expatriate.

What has happened to this once great country is truly repugnant. This s absolutely NOT what our founding fathers had in mind.

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Reply 7 - Posted by: whyyeseyec, 11/24/2012 12:07:41 PM     (No. 9031904)

@#6: If you think Costa Rica is such a nice place to retire, why not move there now instead of waiting 15 years?

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