Comment: Argentina should be a lesson for the US, but instead

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Argentina should be a lesson for the US, but instead

we are following in her footsteps.

In the early 1900's Argentina was one of the world's leading economies, right behind the British Empire and the US. But then a new President was elected on the platform of fundamental change. They instituted public pensions and health care. (Is this sounding familiar?) The long decline began to be accelerated when Peron came into power after WWII and taxed the wealthy 9Is this sounding familiar?)

The story of Argentina is the story of how collectivism and a state managed economy destroys prosperity.

http://www.crossroad.to/articles2/010/argentina.htm

"Bend over and grab your ankles" should be etched in stone at the entrance to every government building and every government office.