The government of Greece, like many world governments, has been on a slow-motion ride toward solialism for decades: redistributive taxes to take money from nonapproved groups and transfer it to approved gropes by force; welfare and entitlement supports to incentivize sloth and disincentivize hard work; the constant empowerment of organized labor, which slowly decreases the profitibability of businesses and disincentivizes entrepreneurs.
Recently, the national government of Greece confiscated the money of all lower-level governments including cities and towns. Now, as Greece nears (another) default, . . . er, “deferment,” the government’s ministers flirt with having their country taken over by outside entities. The story is here.
