“Usually, U.S. policymakers look to Europe to determine what not - TopicsExpress

“Usually, U.S. policymakers look to Europe to determine what not to do when it comes to social-welfare policy,” James C. Capretta, former associate director of the US Office of Management and Budget, wrote a few years ago. But, he continued: “When you are in a hole, the prudent first step is to stop digging, and the United States can indeed gain insight into how to ‘stop digging’ the entitlement hole” by studying the reforms that some European countries have implemented. Most notably, he suggested, we should study what Sweden and Germany did to cut their long-term government pension commitments." (CC Michael John Petrilli)

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