Barron's cover article: "Next Stop Greece"

Does it seem odd to anybody but me that the Conservatives keep pointing to Greece and other European countries that are in fiscal trouble due to austerity measures they have enacted, and then turn around and "demand" that the US implement the same austerity measures .

My thinking is that being smart is learning from your experiences, being wise is learning from the experiences of others , and being just plain dumb is not learning from either.

Huh? You think the reason that Greece is in trouble is because of the recent austerity measures they have taken and it is not because of the years of overspending and not collecti taxes??

This is not a liberal or conservative issue. Did you read the article?

Seeweed like most Liberals think the answer is more spending and everything bad is Bush’s fault. It’s part of having Madcow disease because they watch her program so often.

This is only the 4th reply on this subject.  I guess that means I'm the only person in town that gets Barrons every Saturday morning.

And they're right about the U.S. being the new Greece.  Unless we can get different politicians, we're going to have about as many non-tourist jobs as Greece.  And everyone of means will be living in Costa Rica, The Caymans or some other foreign place--like Florida.

The rich don't have to put up with all the high taxes.  They'll just sell their businesses next time opportunity arises and head for low tax havens.  After all, American TV is available worldwide, and Bermuda's just an hour from the U.S. coast by Learjet.

We need to reduce spending in all areas and for all the talk about entitlements not being a part of the problem the USA Today had this story last week.

http://www.usatoday.com/story/...ident-obama/1914989/

That's a good article. However, many in Washington will just bury their head in the sand and say all we need is more taxes.