Quote:
Originally Posted by Minte
The workable solution is the same for every person, business and government on earth.
It is called living within your means. There is nothing wrong with government spending. There are plenty of things the government should spend money on. No one that I have seen here is arguing that.
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We agree. So the US population should all cut back on their standard of living. OK we are getting somewhere.
1. Do the employed take a massive pay cut to get more people employed.
2. Do the employed pay more in taxes to look after the millions that are now out of work and the future million?
3. Do we say fuck those and leave them to fend for themselves?
The mess we are in now isn't all the fault the over spending of Governments. It's root cause is the Wall Street and City of London banks gambling and getting rich quick schemes. With the lack of and inadequate regulations and over seeing, they gambled us into this mess.
Remember this board 2007 when all the pimps were telling us of their big share dealings ad now it's Gold or Silver. Great if they do it with their money. WS and CoL banks did it with ours and money that simply didn't exist. Do you know what they really buy and sell on the Bond markets?
The US is still running on an inflated economy without slowing it, the EU has started to put the brakes on. See the riots in in Greece for a taste.
Answer this question for us. Where should the cuts be?