Tuesday, February 14, 2012

Video from BankruptingAmerica: Washington Can Learn A Lot From Europe

With Greece in flames because of runaway debt and too many highly-paid public-sector workers, could America be next? What lessons from Europe can America learn?

BankruptingAmerica is wondering.


Two American basketcases, California and Illinois, earn a mention in the video.

BanruptingAmerica also reports on a new poll:
New polling shows voters continue to place great importance on the economy and spending, therefore it is no surprise that more than eight in ten (84%) voters find it extremely or very concerning that the U.S. Senate has not passed a budget in nearly three years. This level of concern is high across the board, reaching 93% among Republicans, 85% among Independents, and 74% among Democrats.

Considering the U.S. Senate has not passed a budget in nearly three years and the President will release a budget today, it is also no surprise that voters have strong opinions on the issue of the federal budget. Specifically, there is a significant gap between what voters hope is in the President’s budget and what they expect will actually be in the budget. While 75% want to see President Obama’s budget cut spending, only 31% expect it to actually cut spending. Also, while 62% want to see his budget reduce taxes, only 24% expect the budget to reduce taxes.
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