- #36
GENIERE
The “Polder Model” in the simplest terms is a means to eliminate some of the ravages of socialism. One touted “improvement” was to lower the wages of all workers. That’s impressive. The model in effect has the government and business acting in collusion to improve the total economy of the nation by making them competitive, rather than to ease the slow erosion of an individual’s economic status. The model fails to address the fatal flaw of socialism, that being to pass off debt to future generations. Some economists predict that social programs in Europe will be un-sustainable after 2025. The US will follow about 25 years later. Socialist economies cannot compete with free market economies, not in the past, not now and not in the future and succeed only in lowering the quality of life for all.