J, quit reading into things that aren't there. I never implied anything about European conservatism.
And no, socialism hasn't done very much good to several countries there, because many countries took it way too far. You'll see smaller countries like the Netherlands and Holland doing ok with their economies, and as I've mentioned, Switzerland actually has a very good balance. But with larger countries, France and Germany to be specific, you'll see a lot of internal meltdowns due to the fact that their populations are much larger.
But, as you said, this isn't about Europe. So, Libertarian stereotypical thought of the day: Balance the budget.