If someone is addicted to something, they need enablers to assist them in their destructive ways. An alcoholic needs people around them to accept and make excuses for their excesses and misbehavior and this is true of all of the addictive, destructive tendencies of humans.
Europeans are the posterchildren for social justice and have been that way for a very long time. The most “social-minded” of them include places like England, Greece, Ireland, Spain, and Italy. Those countries not part of the U.K. in this list were either fascist during WWII or at least leaned that way. To put it in other terms these people were at least accomodating to the National Socialist ideas of Nazi Germany and Mussolini’s Italy. Today these countries are awash in debt created largely to fund overheated social programs for their citizenry. They are proof of Margaret Thatcher’s words when she said: “The problem with socialism is that you eventually run out of other people’s money”. In Greece, the well has run dry and thousands take to the streets to protest austerity programs that are designed to stop Greece from becoming bankrupt. The problems in Greece today triggered a huge dip in the Dow Jones Industrial Average and at one point in the afternoon the DJIA was down 1000 points. Investors are scared about government debt.
It seems that most countries in the world today are addicted to borrowing and even more addicted to spending. Politicians argue that most of this spending is for the good of the people but the truth is that when there is no money then there should be no spending. Borrowing is not the answer. Living within the confines of the money received from taxes is the answer.
In the U.S. last year the Senate voted to send billions of taxpayer dollars to the International Monetary Fund. The IMF is about to send that money to Greece to bail them out. Will Greece be required to cut expenses? Probably not. That wouldn’t be politically popular in a country where the takers outnumber the givers. There are riots today because people in that country don’t want to pay more taxes. They can barely live as it is.
Neither the United States nor the rest of the world should be involved in bailing out Greece as long as Greece remains addicted to socialist policies. We all enable them to continue in their addiction if we do so. Drawing firm boundaries is important in the rehabilitation of an addict. One other thing: One addict can’t help another addict until they both realize they are addicted. Greece is a klaxon warning to the United States. Events playing out in that country could be prophecies for our own future if Congress doesn’t cut spending drastically. That means that social programs including Medicare, Medicaid, and Social Security will have to be cut. This is politically unpopular but the fact remains that basic mathematical and economic principles are immutable. You can’t keep spending more than you make. Our way of life is very much at stake. Don’t enable the money addicts and change our ways.