Any possible solutions to the European Debt Crisis?

[Kasz216]

Mr Khan said:

HappySqurriel said:

Mr Khan said:

 

Exactly. Responsibility is independent of your ideological disposition or what you intend to do with your government, proving that the people complaining about socialism merely have an agenda against helping people

With the government spending in the USA at (roughly) 40% of GDP, and being equal to or higher than many of these "socialist" countries, I have to wonder why so many people resist cutting government spending to a level where it is in-line with spending in other (better run) countries for similar services offered.

Beyond that, being that since the war on poverty began in the 1960s the poor have steadily gotten worse as social spending increased, what makes you believe that social spending has anything to do with helping people?

My point was an observation of culture, why things work for some countries or peoples but not in others. The American culture of exploitation seems to exist at every level of society, impeding economic growth and aggravating the cycle of poverty, and the responsibility belongs as much to mercenary CEOs as welfare queens and most everyone in between

We seek to resolve problems like poverty by throwing money at them, while other countries have a more infrastructural approach, or at least that's how it seems

I don't think you can really argue that US growth has been impeded... I mean, it's policy differences from Europe tended to have boosted us to much higher growth and employment then europeon countries up until the crisis.

I mean hell, the unemployment rates we're complaining about are standard fair in a lot of Europeon countries... and were even more prevelent until some countries started liberalizing their economies.

 

I mean, keep in mind, the big thing that's supposed to be the solution for Italy is to make their economy more like ours to spur growth.