Will America go the way of Europe?

As the presidential election counts down to (despite recent tightening in the polls) a likely Obama victory, even moderate Republicans despair that America is going the way of "social democratic" Western Europe, with a smaller private sector, more power in the hands of political and technocratic elites, and unlimited government. For their part, liberals cheer that America will finally catch up with the more "advanced" lands across the Atlantic.

By Robert Maranto and Dirk C. van Raemdonck

October 22, 2012