You may have noticed the economy is not very strong. This is a worldwide problem not just a US problem. Yet the Obama administration, arguably one of the least economically successful administrations since Hoover’s, is lecturing European creditors such as Germany.
Greece and other socialist nations in Europe are at risk of economic failure if allowed to continue their unsustainable policies and they might take the rest of the world with them.
Creditors are demanding that Greece make the tough choices now to enjoy a better economy later. That is not what the Obama administration wants.
Caroline Atkinson, the US deputy-national security adviser wants the stronger more responsible members of the EU to shoulder the burden of the weaker (i.e. socialist) countries because it is not fair that they are weak, “They have asymmetric rules. They need to make it socially fairer,” she said.
Hear this before? It is the imposition of world or continent wide socialism. The very opposite of the ant and the grasshopper. Instead of demanding that socialist or communist countries drop their failed system and tell people to work, the Obama administration wants the responsible countries to pick up the tab for early retirement and short work weeks.
President Barack Obama has advocated the socialist solution openly, “You cannot keep on squeezing countries that are in the midst of depression. At some point there has to be a growth strategy in order for them to pay off their debts,” he said earlier this month.
The bible teaches that those nations who will obey the Lord will not be debtors but lenders. We can avoid this fate if we will turn to the Lord.
Get the Telegraphs take. The Wall Street Journal has a decent break down.
