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Old 05-28-2007, 01:50 PM
The once and future king The once and future king is offline
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Join Date: Aug 2004
Location: Iowa, on the farm.
Posts: 3,965
Default Re: America\'s Financial Future

What seems strange to me from an European standpoint is that compared to Yankland Europe spends ALOT more on Social Security and welfare programmes.

For example My whole University Education was payed for (great value for tax payers [img]/images/graemlins/wink.gif[/img]) and also NHS>Medicaid in terms of spending and provision. Now Im wondering where we stand in regards to the same problem.

Generalizing Europe is problematic as all European countries have different degrees of tax and welfare spending. However If yankland has it that bad you would think we would be mega fecked hard core up the xxxx. Things that might have mitigated that is of course more taxation. To be sure we are fecked but Im not sure if its to mega proportions.

It just seems that in yankland you have had the worst of all probable outcomes via spending that hasnt been funded by revenues and then that spending itself being particularly inefficient.
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