What put the US into recession is the same thing that has put Ireland, Iceland and Spain into recession, and what caused Japan to enter the one that really has not left for 20 years
To much debt, and speculatory use of that debt. All the countries i have listed all share the same issues. Borrowing that fueled speculative investments in uneconomic areas. All but Iceland involved heavy real estate investments within the country as being a primary cause. Icelands, issue was its banks invested in other countries real estate.
People and the banks that lent to them were making idiotic investment choices based on idiotic investments, all counting on a greater fool to come along and buy the poor invesment then had purchased by taking a mortgage on it.
The government did not cause it, the rich did not cause it, people on welfare did not cause it. The base issue is and was poor decision making by people taking excess risks because they were to stupid to see that a homes have to be affordable for people to live and buy them over the long term
Conservatives believe the government is incompetent, and seek to elect people who will prove it
Ignorance is Bliss Bliss is the same as happiness US Christian conservatives are the happiest in the US according to studies Do you see a connection?
I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
So how would you cut the welfare roles?
How about balancing the budget?
How about cutting spending?
How many govt agencies would you gut? How many would you totally get rid of?
I want to see some fiscal responsibility and see the govt cut to the bare minimum. I want all govt agencies to be cut by 20% in personnel, budget, and no hiring contractors to replace those jobs that were cut. The govt needs to tighten their belt just like us common folks who pay the bills.
Is that a fair statement, that taxes can never be legislated down but only up? I would think that any entity, such as a government, will never give up an opportunity to collect free cash, especially if they have the absolute "right" to take it from you by force.
So there is no difference between the medieval church/king taxing you at 2x10 %, and today's parliamentary lobby groups taxing you in various tax brackets up to 40-50 %. (Except today's taxation is even higher.)
TELL ME why does the government have an entitlement to more money UNTIL it can prove it doesn't waste what it gets now?