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Politics : Hillary Rodham Clinton for President 2016
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To: golfer72 who wrote (538)7/25/2015 12:38:38 PM
From: bruwin  Read Replies (2) of 850
 
"Socialism does not work. Eventually you run out of other peoples money."

Could have a point there .... Governments don't produce anything of consequence to produce Revenue. In order to pay for Social Pensions, Free Health Care, Child Benefits, etc.., etc.., they need Taxes. And Taxes come from a population that works. And the more of the population working the greater will be the Tax Revenue. And the greater the accumulative skill of the population the greater will be the foreign exchange earned from exported products that will very likely have a greater value to them. I'd say that Germany is a good example in that regard.

But if there is little, or no industrial capability in a country, the less likely it will be that they will be able to support an increasing and often ageing population expecting and/or demanding "benefits".

I'd say that Greece is a recent good example in that regard.
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