yes, my who point was that austerity can work, but you need to
have a population that can accept it. The Estonian people
accepted it because their culture was farily recently under
communist rule and the nanny state mentality didn't have time to
get ingrained into the culture like it has the other
European socialist countries. But there are socialists who say that
austerity can't work like the French President, clearly it can if
implemented right.
Of course the US is going this way over time to the nanny
state.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
yes, my who point was
France lowers retirement age from 62 - 60
Posted by matt on 8th of Jun 2012 at 09:35 am
yes, my who point was that austerity can work, but you need to have a population that can accept it. The Estonian people accepted it because their culture was farily recently under communist rule and the nanny state mentality didn't have time to get ingrained into the culture like it has the other European socialist countries. But there are socialists who say that austerity can't work like the French President, clearly it can if implemented right.
Of course the US is going this way over time to the nanny state.