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One does not engage in idealistic wishfull thinking nor in emotion or suppostion but the cold hard facts of history. One presumes you are old enough to remember the late 70's and 1980's. If you recall that by the early 1980's the Japanese were eating Americas lunch economically, by beating us at our own game. In the mid to late 1980's American corporations put themselves on a path that by the 1990's paid off with economic prosperity. This had nothing to do with taxes or and increased role of government. So you may ask what caused this great surge in economic activity. It is really very simple American corporations cleaned out the dead wood or put another way the bureaucracy of Middle managment. Corporations became concerned with PRODUCTIVITY and not maintaining a cumbersome bureaucratic structure. In other words US corporations became lean and mean in order to remain competitive in a now Global economy.

The US government never got the message, and now it is in their face on a daily basis with the unstability of the financial markets and a morbund economy. For as stated previousily the US government is exacting a huge amount of capital from the system to sustain itself and it has grown so large and unwieldly that it is impeding not only economic growth but sustainability over the long run. What worked for US corporations in the late 1980's will have to be implemented by the not only the US governemtn but the governments of the EU, because if it doesn't the system will become so unwieldly that it will casue the system to implode upon itself. We have reached that tipping point and the choice is ours to make.