Quote:
Originally Posted by justplugit
Agree Nebe, serious austerity is needed now and the longer we wait the harder it will be, if at all possible. There is no reason why we need our noses wiped by anyone, unless we are truly helpless. Everyone needs to have skin in the game for an austerity program to work.
Unfortunately we are dealing with a ME Generation that is not willing to give up anything except hard work and sacrifice. I doubt there is any government agency that couldn't give up 10% of their budget if it was managed properly. That would be a good start.
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Serious austerity has crippled many European economies. Federal spending like it or not has a big impact on GDP.
The bulk of this isn't nose wiping.
-spence
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