"He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
I think its even more painfull in a country like Greece where so many people are now dependant on the state, & the provisions that it provides that every cut must feel personally painfull.
I mean you can raise the taxes on the richer residents but history shows that if you raise it beyond a certain threshold that revenue actually declines so that in a case like Greece the more you borrow the more you have to pay back and the more you have to pay back the more cuts you have to make and the more you do the more the poor are the recipients of those cuts.
we can't do it by tax increases alone, and we can't do it by austerity alone. it has to be a combination, and it has to be implemented in a way that doesn't slow economic growth. it will be complicated, and i'm not convinced that we'll do it in time, because it has the potential to be very politically costly in the short term.
I AM DEPLORABLE.
NEVER CRIMINAL HILLARY (S-NY)