Spanish Austerity and the EU

BBC News: Reports that there are doubts that the Spanish Austerity plan will work, as it still leaves intact aspects of the Spanish welfare system. Those out of work will still get the same unemployment benefits and pensions will raise for the old. In other words folks the new Spanish Government didn’t have the nerve to follow through with real tough cuts, thus expect Spain to ask for a bailout sometime in the future, the politicians of the EU have to get one fact, the welfare system will kill European Democracy if it is not reformed, as costs raise on welfare and you cant tax the rich or the middle class anymore there will have to be drastic cuts and reform through out Europe, lets hope it is done before its to late, before the extreme right or left raise to power in the EU.