Guardian: Reports on the Austerity plan of Spanish PM Rajoy, the PM will deliver the articles notes, “ ..one of the harshest budgets ever seen in Europe ”. The liberal left, this includes the Guardian, NYT and the BBC, don’t get one simple fact, from their LIBERAL and LEFT towers they only see what they want to see, the social contract of the welfare state from 1945 is over, at its core people are living longer, all the welfare benefits from 1945 can either be upheld by high tax rates, thus no business expansion or welfare has to be reformed, this goes for the NHS is the UK also, some services will have to paid for, the UK voter wants the welfare but does not want give 90% of his or her salary to the Government. Thus something has to give, and its welfare folks, when real harsh reforms happens in the EU, a lot of people are going to get hurt, but there is no other way, people wont accept moderate reform NOW, thus when the harsh reforms comes there is nothing they can say, its will be to late by then folks.
Thursday, March 29, 2012
Spanish Pain - Eurozone Crisis
Guardian: Reports on the Austerity plan of Spanish PM Rajoy, the PM will deliver the articles notes, “ ..one of the harshest budgets ever seen in Europe ”. The liberal left, this includes the Guardian, NYT and the BBC, don’t get one simple fact, from their LIBERAL and LEFT towers they only see what they want to see, the social contract of the welfare state from 1945 is over, at its core people are living longer, all the welfare benefits from 1945 can either be upheld by high tax rates, thus no business expansion or welfare has to be reformed, this goes for the NHS is the UK also, some services will have to paid for, the UK voter wants the welfare but does not want give 90% of his or her salary to the Government. Thus something has to give, and its welfare folks, when real harsh reforms happens in the EU, a lot of people are going to get hurt, but there is no other way, people wont accept moderate reform NOW, thus when the harsh reforms comes there is nothing they can say, its will be to late by then folks.
Spanish General Strike
Telegraph Live - Spain: Reports that the new Spanish Government will have to find savings of 55 billion Euros. Thus folks the Spanish people are going to get hit big time, this why the Unions are on strike, the employment reforms of the new Government is needed to get Spain going, this always hit’s the public sector, thus the present General Strike. The welfare state of Europe is heading for the bin folks, it can last without massive tax hikes, the people want the welfare state but they don’t want pay for it, a perfect storm, and there is no Prozac for the depression.
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