Still lots of fat to be trimmed from social programs to make a balanced budget. Low interest rates are good for the economy although there should be tighter restrictions on borrowing.
Fat to be trimmed....hmmm from the old folks of course. What happened to the proven way to get a country out of recessions or depression?? The one that says ""put back a fair amount of the taxes collected back in benefits to the people the government took it from. " Those that earn those salaries cannot pay their taxes if they do not receive full value for what they agree to donate. (taxes)
This system is on the verge of collapse. The world has changed dramatically, due to the astounding advances in communications. Where it took months and sometimes years to get the truth of a situation, and even longer to correct; these days it can be virtually overnight. It takes only the same amount of time to organize a protest, a demonstration or a march to make the politicians take note.
It may take a bit longer when a public figure will not interact with the press and to control their underlings into doing the same.......but........before long someone breaks the silence. It is quite a change from when it could take several changes of government to bring the facts to light. Eventually the facts come out. The public has been learning how to counter those tactics much to the dismay of the less than honest.
Personally, I feel anyone running a country would do well to know a bit about good economic management. But heck that would be far too sensible and besides those that go into politics are not into it for such dull things as finances. Much more about fame and exercising control. This puts the onus on the voter to do the math, and to choose as best they can, who they feel has at least a minimum interest in their country's well-being.
