Argentina Impoverishes Itself Again

If you want to see the future of the US, just look at Argentina. If you have a government that promotes the public good over property rights as the Supreme Court did with the Kelo decision; if you have a president who wants to “spread the wealth around”, you have a government that will do to us, what would be a felony for an individual. The result is a government that promotes “inflation, trade protectionism, disregard for contracts and confiscatory tax rates”. That will have a “deleterious effect on capital flows.” The US will go bankrupt at the worst or at least suffer along, like many European countries, with slow growth and high unemployment.

One Response to “Argentina Impoverishes Itself Again”

  1. How about that, the comment section let me in….

    I want to be just like Argentina when I grow up, bankrupt but having my heart in the right place.

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