Problems Ahead

How about a NY Times story that starts like this:
"Across Western Europe, the 'lifestyle superpower,' the assumptions and gains of a lifetime are suddenly in doubt. The deficit crisis that threatens the euro has also undermined the sustainability of the European standard of social welfare, built by left-leaning governments since the end of World War II."

Finally, a breath of fresh air for capitalists and a strong dose of reality for European socialists. For years, Europeans have boasted of their milk and honey welfare programs with early retirements and generous pensions. But with aging populations and rising budget deficits, it looks like their social welfare programs are finally catching up to them economically. While the rest of the financial world holds their breath, Europe is perched precariously on the cliff of economic disaster and might fall if they don't make changes soon.

From Europe to America, this story segues perfectly into a separate piece written by Arthur Brooks about the ongoing tug-of-war between free enterprise and government control in American culture.

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