Does America Have to Worry About The Economic Crash in Greece?

Stephen Moore, Fox News contributor and economist at The Heritage Foundation, joined Kilmeade & Friends with the latest on the economic turmoil in Greece.

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When asked how did Greece descended into economic crisis, Moore explained the problem is Greece has become a massive welfare state with cradle to grave safety nets, a 30 hour work week and out of control government funded pensions resulting in a bankrupt nation. Moore warned that if America doesn’t wake up and look at how Greece’s policies have led to turmoil, we could go through the same economic crash as Greece.

Moore was blunt when asked what Greece’s options are to get out of their financial crisis, telling Brian Greece must “change or die” and if they stay on their current course, their economy will implode. Moore pointed to Ireland and England as nations that knuckled under, got their spending under control and are now prospering.