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phonyfeminazi
Expert
Joined: 30 Sep 2008
Posts: 7819
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 Posted: Sun Feb 14, 2010 2:14 pm Post subject: PIGS Suffering from Welfare Costs........... |
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This is how being a socialist WELFARE state will end.....
PIGS (Portugal, Ireland Greece and Spain) are all drowning in the "sharing the wealth" trap of being "cradle to grave" countries.
Ireland, by comparison, has slashed pay for state workers, cut welfare benefits and imposed new environmental taxes on fuel to try to contain its runway deficit.
But Spain is not touching public-sector wages, most of the spending cuts have been assigned to regional governments that Madrid cannot control, and the only taxes due to rise are VAT and levies on capital income like stock dividends. This is not expected to make a big dent, and even then the rises do not kick in until July
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Exposing the secular humanist liberal "progressives". |
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busdriver
Journeyman
Joined: 16 Mar 2009
Posts: 3497
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| Posted: Sun Feb 14, 2010 2:43 pm Post subject: Re: PIGS Suffering from Welfare Costs........... |
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| phonyfeminazi wrote: |
This is how being a socialist WELFARE state will end.....
PIGS (Portugal, Ireland Greece and Spain) are all drowning in the "sharing the wealth" trap of being "cradle to grave" countries.
Ireland, by comparison, has slashed pay for state workers, cut welfare benefits and imposed new environmental taxes on fuel to try to contain its runway deficit.
But Spain is not touching public-sector wages, most of the spending cuts have been assigned to regional governments that Madrid cannot control, and the only taxes due to rise are VAT and levies on capital income like stock dividends. This is not expected to make a big dent, and even then the rises do not kick in until July
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Phoney, maybe there is just too many people on Earth for Earth to take care of? |
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