Today, it was announced that the Greek Prime Minister (not going to try and spell Pop and Drayo) is going to put the Euro Zone bailout plan to the vote of the people. The European Union came up with a plan to bail Greeks out from their significant debt and make it possible for them to repay.
In a separate conversation, it was also mentioned that when you look at total debt for the United States, including Social Security, Medicare, consumer debt, corporate debt, and government debt, our ratio is eight to one. That'd be eight times more debt than we have in income. According to the commentator, that is worse than Greece.
So, my question is. How would you vote if some kind of an austerity
program was put to US people?
Would you vote to pay more in taxes?
Would you vote for a reduction in benefits?
Would you vote to...?
It's interesting to have the conversation about a country like Greece with all the criticism about them whenever looking at our numbers in the United States, at least in this narrow way, our financial health is worse than theirs.
How would you vote?
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