Monday, January 23, 2017

Trump is a symptom of the West’s addiction to welfare

Trump is a symptom of the West’s addiction to welfare

Bruno Alves, CapX
    Electorates across the West love their welfare states - but not the taxes needed to pay for them. The result is high debt, low growth, and governments that are unwilling or unable to bring in the reforms that might make the whole system work. In this dysfunctional environment, the only people likely to prosper are populists peddling impossible solutions - Exhibit A being America's new president.