Thursday, June 02, 2005

The failure of statism

The EU is on a rocky road with the French and Dutch voting no on the new constitution.David Brooks has this insight on what it means for American liberals.
Most of the policy ideas advocated by American liberals have already been enacted in Europe: generous welfare measures, ample labor protections, highly progressive tax rates, single-payer health care systems, zoning restrictions to limit big retailers, and cradle-to-grave middle-class subsidies supporting everything from child care to pension security. And yet far from thriving, continental Europe has endured a lost decade of relative decline.
New York Times.