What we are seeing is the erosion of the Euro left socialist dream world. The young are throwing temper tantrums about paying for tuition increases. In Greece their are riots over measures to restore budgetary sanity.
The left kept on increasing the size and scope of entitlements until the economies could not sustain themselves. In the case of Greece and Ireland they managed to do this with negligible defense spending.
The idea was to import immigrants from nearby to provide the lower wage labor and continue the party. The jobs moved away and the immigrants did not assimilate and added further burdens on the safety net. While the house was burning the far left ignored the crisis and attempted to co-opt the rage of the immigrants and the young jobless with mindless anti Israel and anti US mania.
In a world where the far left was less relevant they attempted to create the United States of Europe. Bad economies such as Greece imploded and required bailouts by stronger states. All the while the basic the foundation of the socialist nanny state remains unquestioned.
The Euro far left and their pseudo American cocktail party echo chamber have great faith in Obama. Yet Obama is more unpopular than ever amongst all types of Americans.
Ask an unemployed person if he wants government programs or a job? The majority of Americans have seen their lives turn for the worse under Obama. After getting creamed in the election Obama decides he wants to compromise with his foes on tax cuts. Obama is trying to be Clintonian in order to survive. God knows what a lame Duck Obama is capable of.
The new era will be much tougher and we can not fund everything. A more prudent public must demand our resources be spent wisely by an accountable government.