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News Link • Economy - Economics USA

America's Disneyland: Our "Neo-Feudalistic, Gulag Casino Economy"

• ZeroHedge.com
 
One of my old colleagues who is from another country described America to me with the following statement: “it’s like “Disneyland.” I never fully understood what he meant until the last couple of years. However, what I have also realized is this sense of delusional entitlement is extremely manifest in most other OECD nations as well. In case you missed it, earlier this week the European Union declared traveling a “human right” and is “launching a scheme to subsidize vacations with taxpayers’ dollars for those too poor to afford their own trips” (see link http://www.nationalpost.com/news/story.html?id=2923469). A friend quipped to me after I sent him that article: “I just realized that there no longer exists any need for political parody. The Onion is a short.” Indeed.

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