Quote:
Originally Posted by Robbie
In the case of Spain and Greece...what is the problem over there? Thanks to our power hungry politicians in the U.S. insisting on having an empire with the biggest military in the world....neither Greece nor Spain spends much on military do they?
So if their govt. doesn't spend much on military....then what DO they spend all their money on? Free healthcare? Entitlements?
Every economic analyst that I've seen on the news has said that those countries have simply promised more to people than could have ever been sustained.
Am I misinformed on that?
EDIT: And that doesn't make "the poor" the "cause of govt. collapse". It's the govt. that did it. From what the economic analysts said...the govt. over there has entitlement programs for EVERYONE. So the hard working people get it too (like healthcare and other benefits)
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From what I understand, the Greek government spent themselves into a huge amount of debt, more than 4 times that allowed under the EU treaty. This debt was created with the help of banks and a corrupt government through kickbacks and other payments. Pensions and other entitlement benefits for the upper class were much more damaging than those given to the "poor".
If I was rich and reaped the rewards of a corrupt government, I would blame it on the poor as well.