Any possible solutions to the European Debt Crisis?

[Jexy]

Mr Khan said:

Jexy said:
Stop being so socialist and giving out everything for free. You can't pay for all of that free college education and free health care without getting the money from somewhere, and taxes are already high in Europe...

Also, interesting how college is the most expensive in the USA (although the best colleges and vast majority of them are in the USA) and yet USA has the highest % of people going to college than any country in the world, including European countries which has it for free. In many cases, the USA % doubles Eu countries with college graduates.

I think that has to do more with the culture of learning here, and the culture of college and the athletics that go with it and make it prestigious.

The culture of college athletics is the one part of college culture that needs to be reformed the fastest. Our expensive colleges are all government-subsidized too, just in the fun American way where everyone ends up paying more in hidden fees (e.g. through government backed no-default-possible Stafford loans)

Universally accessible health-care and education are two good things, and are close to being fundamental human rights as you can get, but this is not to say that there is not a good deal of wasteful spending going on in the Eurozone. Aerobus, for one, which Europe insists upon illegally subsidizing because they feel we in the USA are getting away with illegally subsidizing Boeing (which we are), and Europe, like the USA, has high farm subsidies to keep afloat farmers who would otherwise be uncompetitive in global markets.

Suddenly applied strict austerity measures would be just as bad as a financial collapse, and the former would likely lead to a revolt of sorts (see what's happened in Greece and Italy. The people won't stand for it, and while somebody has to take the burden, the most vulnerable of society will tolerate it least)

Yeah, but it won't be reformed.  College athletics = money.  And the more money a college has, in turn, does reflect better education, and higher requirements to get in year after year.... unless you know, you play football.

Those are two good things, but two things that get you into trouble.  Aerobus doesn't come close to those two giants.  It's easier to eliminate things from the budget that are easy, then to go thru a billion pages of legislature and take out the stupid little things that only have an impact if you get a lot of them (never happened).

The difference is that USA makes more food than the rest of the world, and more than enough for themselves, while Europe has to IMPORT most of their food.  Same goes with all of their natural resources.  Europe has very little in regards to that, just see oil.

But yeah, doesn't look good.  No easy fixes, they have been living a lifestyle of waste and comfort for so long that I doubt many would want the change that is needed until it smacks them in the face with 40% unemployment like Greece.