SEARCH BLOG: GOVERNMENT and ECONOMY
From The New York Times:
Greece — and at the other European countries with huge debts — and wonder why they don’t get it. They have been enjoying more generous government benefits than they can afford. No mass rally and no bailout fund will change that. Only benefit cuts or tax increases can.
Yet in the back of your mind comes a nagging question: how different, really, is the United States?The fine start to this article then breaks down a "solution" into pablum:
What would be? A plan that included a little bit of everything, and then some: say, raising the retirement age; reducing the huge deductions for mortgage interest and health insurance; closing corporate tax loopholes; cutting pensions of some public workers, as Republican governors favor; scrapping wasteful military and space projects; doing more to hold down Medicare spending growth. [read more]Of course there is waste and corruption and idiocy in our government. We demand it.
Every special interest group... every social justice group... every protect-us-from-everything group... demands it. Everything from subsidized corporations to subsidized day care demands it.
There is only one way to reel this in... CLICK HERE.