TruLib Wrote:
Jun 10, 2012 8:45 AM
The politicians will do anything to avoid the pain today. If that means making the pain tomorrow worse then so be it. This is what bailouts do. They allow you to move the pain and they'll keep doing it till the entire thing collapses on them. All these economies in trouble need to produce more and they aren't instituting the reforms that will allow that. We need to take this lesson to heart.