The State vs. Prvate Enterprise

Deregulation, tax cuts, and a fundamental trust in the power of private enterprise across the Atlantic stand in sharp contrast to the sluggish, apathetic-socialist policies of Germany and the European Union -- and not in Europe’s favor. While German industry is pulling up stakes and heading for greener pastures, the United States is experiencing a small investment miracle. Through its deregulation agenda, the American government is proving the thesis that prosperity is created exclusively in the private sector -- not through state regulation. German Chancellor Friedrich Merz appears disoriented, whiny-apathetic, and remarkably weak in leadership these days. Perhaps the chancellor...