Americans are fed up with Europe's lavish spending and complaining about so called "austerity measures," known as common sense economic policies in the United States. France and Greece continue to throw temper tantrums over being forced to retire at 60 instead of 62 and continue to receive bailouts as a result. With the election of Socialist Francois Hollande in France, expect to see even more of the same failed behavior with taxpayers countries like Germany and the United States footing the bill.
A new Rasmussen Poll shows the majority of Americans believe European countries need to cuts spending to get their economies back on track, rather than increase taxes on the "rich" by 75 percent and stimulus packages as Hallande has promised.
Newly elected leaders in France and Greece have signaled that austerity efforts in their countries may be coming to an end, but as far as Americans are concerned, that’s a move in the wrong direction.
A new Rasmussen Reports national telephone survey finds that 61% of American Adults believe cuts in government spending would do more to improve the economic and financial situation in France and Greece than increases in that spending. Just 20% think more government spending is the better way to go. Eighteen percent (18%) are not sure.