Argentina Can Teach Us a Lesson or Two
Posted by Nancy on July 26, 2011
We can learn a lot from Argentina. Like, did you know that in 1902 it challenged the United States for the position of second riches nation in the world (Great Britain was first), and now it is an impoverished nation? Or, did you know that in 1989 inflation in Argentina hit 3000%?
What could possibly account for such a dramatic change of fortune? Could it be the same redistributionist forces that are currently plaguing the United States, just decades ahead of us?
I found this great Power Point presentation on DeweyFromDetroit.com. It was made from a post on DougRoss@Journal. I can’t get it to imbed so you’ll have to follow the link – sorry – but it’s worth the effort and the long loading time. A real history lesson on what can happen when a government forces mandatory pensions, health care, low income housing, and other government handouts until the country is bankrupt. Oh, and don’t forget massive union support.
With so many worldwide examples of why this doesn’t work from the past 100 years, how can leftists still believe that THIS TIME it will be different. THIS TIME it will work.
Click the bottom line link. Then click on the pictures to advance them.
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Argentina’s past can become our future, if we let it.