In response to:

France’s Fiscal Suicide

para_dimz Wrote: Oct 03, 2012 11:24 AM
I guess I should make one clarification. I am not an enemy of western civilization but of the monetary edifice that threatens it.

I try to be self aware, so I realize that I have the fiscal version of Tourette’s. Regardless of the question that is asked, I’m tempted to blurt out that the answer is to reduce the burden of government spending.

But sometimes that’s exactly the right prescription, particularly for an economy weighed down by a bloated public sector. And, as you can see from this chart, the French welfare state is enormous.

Only Denmark has a bigger burden of government spending, but at least the Danes are astute enough to compensate with hyper-free market policies in other areas.