fairlycrazy23
Senior Member
Joined: Dec 27, 2010 23:55:19 GMT -5
Posts: 3,306
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Post by fairlycrazy23 on May 30, 2011 13:34:54 GMT -5
Does austerity work? Yes.
It just takes time. And you are likely to have a short term worsening of the situation.
You can not borrow or tax your nation into prosperity.
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deziloooooo
Senior Associate
Joined: Dec 20, 2010 16:22:04 GMT -5
Posts: 10,723
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Post by deziloooooo on May 30, 2011 15:45:21 GMT -5
The point of the op was if done to the extreme in the short term as Ireland, UK, Europe is doing the penalties are extreme, if done in the short term ion more moderation, austerity yes, but compromise and reality, and look for the middle and long term in the more extreme , and if not sure, look at those who have done the extreme in the short term and the consequences, possible consider the short term approach, more moderate and using compromise and getting together with others of the same mind set to over ride those who are pushing for extreme on the short term.
I would go that way, others want to go the extremist, I identify those with the Tea party types and other extremist from the other side, if any , as the extremist.
Which is the correct solution? If you take the country's who have done the short term extremist way...I think the moderate is the way to go for us. Still get to the same point, expenditures closer to our revenue, just a softer landing for the immediate.
oops , forgot to add, IMHO. ;D
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