Is the situation in Greece going to happen in the United States?
A recent article on CNN.com explained how Greece has had to take a austerity policy in order to secure another $17 billion in a country wide economic bailout.
You might be asking yourself what an austerity policy is? Simply put, it is a economic policy in which spending is reduced, benefits are reduced/eliminated, and public services are reduced/eliminated. This is a very large problem in Greece because they have a nationwide health care system set up so this will essentially eliminate health care for many people in the country. Continue reading “Is the situation in Greece going to happen in the United States?” »
