Leftists ruin Spain, country turned over to Conservatives or Precursor to US 2012

Neotrotsky

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Leftists ruin Spain, country turned over to Conservatives or Precursor to US 2012

Conservatives won 187 of 350 seats in the parliament. Socialists won 110, their worst ever

Spanish conservatives won a historically large mandate at the polls Sunday, freeing them to make deep austerity cuts as they struggle to pull the country’s economy out of a tailspin.

In an election marked by bitter disappointment and desperation over the euro zone’s highest unemployment rate, the Socialists who have led the country since 2004 were cast out from office as many of their staunchest supporters turned elsewhere, according to a national TV exit poll released after the polls closed.
 
Austerity is coming to the US too, or at least it should. I don't get why the GOP won't accept the Clinton tax rates?! That get $800b of the $1.2T and if the dems give a little on entitlements we can get to $4T and save the country.
My solution is to put limits on Medicare & Medicaid, such that like real health insurance, you only get what you pay for. I have a "maximum lifetime benefit" and medicare & Medicaid need to "ration" benefits or it goes bankrupt.
 
Can't argue with you on that. The Leftists sure did ruin Spain. 21% Unemployment? Yikes! They've ruined much of Western Europe. From terribly failed Immigration Policies to terribly failed Economic Policies,they've been a true nightmare. Hopefully the Conservatives can turn things around. I hope so anyway.
 
Austerity is coming to the US too, or at least it should. I don't get why the GOP won't accept the Clinton tax rates?! That get $800b of the $1.2T and if the dems give a little on entitlements we can get to $4T and save the country.
My solution is to put limits on Medicare & Medicaid, such that like real health insurance, you only get what you pay for. I have a "maximum lifetime benefit" and medicare & Medicaid need to "ration" benefits or it goes bankrupt.

I agree it is coming

However
Since Bush ran up an average of $410 billion in deficit spending per year, while Obama is running up an average of $1.413 trillion in deficit spending per year — or $1.003 trillion a year more than Bush, we really need to cut spending first.

To even back to some pre Papa Obama level of spending is reasonable to start.
 
Austerity is coming to the US too, or at least it should. I don't get why the GOP won't accept the Clinton tax rates?! That get $800b of the $1.2T and if the dems give a little on entitlements we can get to $4T and save the country.
My solution is to put limits on Medicare & Medicaid, such that like real health insurance, you only get what you pay for. I have a "maximum lifetime benefit" and medicare & Medicaid need to "ration" benefits or it goes bankrupt.

I agree it is coming

However
Since Bush ran up an average of $410 billion in deficit spending per year, while Obama is running up an average of $1.413 trillion in deficit spending per year — or $1.003 trillion a year more than Bush, we really need to cut spending first. To even back to some pre Papa Obama level of spending is reasonable to start.

The magic number is $2T a year. We're currently up to $4T. Its fairly easy to cut back to balance, here is the NYT tool
Budget Puzzle: You Fix the Budget - Interactive Feature - NYTimes.com

The problem is entitlements like Medicare, which is why we need to manage eligibility better
http://upload.wikimedia.org/wikiped...png/300px-Medicare_and_Medicaid_GDP_Chart.png
 
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