Friday, August 17, 2007

Do we want to slow down like Old Europe?

What economy do the Democrats want to emulate? A growing, vibrant one? No, the restricted, ossifying economy of old Europe. Senator Mitch McConnell, the Republican whip (#2) jabs at the Democratics. The Hill
Senate Minority Leader Mitch McConnell (R-Ky.) mocked congressional Democrats Wednesday, attacking the new leadership of the 110th Congress for attempting to ram through proposals that would turn the American government into “Old Europe.” In a speech at the Ronald Reagan presidential library in Simi Valley, Calif., he said Democratic leaders have been pushing through bills on health care, federal spending and taxes that would substantial grow the government and lead to the economic stagnation that has dogged some European countries. “I can tell you that in the Senate it seems as though the other side is still looking to Old Europe for answers,” McConnell said. “In one of the great political ironies of our time, the new majority in Congress seems intent on taking America down the path of bigger government and higher taxes just as Europe is frantically trying to steer themselves away from it.”
Which way are the Europeans moving? Toward our lower taxes and fewer regulations!

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