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If we are serious about living within our means then the govt. must let things rip. That will cause pain but its the only way forward.
Do they have the courage is the big question.
I'd argue that we currently pay lip service to living within our means, but lack the intestinal fortitude to do anything meaningful about it. There's been bugger all courage displayed so far, but surely there has to be a tipping point where meaningful action can't be put off any longer.
The only reason it has not so far is the artificial stimulus given to the economy in the last 2 years i.e. printing money and 0% interest rates.
If we are serious about living within our means then the govt. must let things rip. That will cause pain but its the only way forward.
Do they have the courage is the big question.
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