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Wednesday, April 28, 2010

Next...add the VAT.

Got this picture from the most excellent economics blog Carpe Diem (Seize the Day) by Mark Perry at the University of Michigan at Flint. The Wall Street Journal reported the other day a statistic from Dr. Perry. In 2008 the average citizen of West Virginia had an income $2000 greater than the average citizen of the European Union. And a European-style cradle-to-grave welfare society is going to give us what again? Right, lower living standards but at least we will all have an equal share of nothing.
The VAT is coming next as sure as night follows day. Dry your eyes, go back to work and pay up SUCKER. We'll collect the fruits of your labors and we'll decide how to spend it because we are smarter than you.

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