Wednesday, March 9, 2016

Making Unkeepable Promises

Reacting to a Wall Street Journal article on "the tenuousness of government pension guarantees in countries across the Continent, from Spain to Germany to Poland," The American Interest editorializes:
Europeans are worse at making babies than the United States, worse at integrating immigrants, worse at saving money to pay boomer retirement bills—but no worse at making promises to voters that they will be unable to keep.
So Bernie Sanders wants us to be more like the Europeans? Phooey.