Maybe some consumers over here over consume, but certainly not me. I have 3 kids and the old lady at home. We may live in a larger home than most Europeans and drive our own cars vs taking the bus or train, but that is about it.
I tell you what, my salary is right around what your getting, but if my taxes were 75% I would drown in 2 months. Nobody here could afford anything accept the extremely wealthy. Even making just over 100k, there is little left to save. With college coming and 4 years costing you around 70,000, ugghhh.
The reason we spend less on the needy is that Americans can tend to be extremely lazy and if you made it that easy to get by for free you would see millions more on the dole.
scroggs,
I don't like him either, but raising gas to 8 dollars would be ahuge mistake as everything and I mean everything would come to a screaching halt. If the USA stops consuming the 96% of the world output like we do, we won't be the only ones broke and looking for blood. Example: Your a cocaine dealer and you have 600 million dollars in cocaine in your garage, but you have nobody to sell it to what are you? A broke dick drug dealer that drives a pinto and can't afford to eat.
