Most governments all over the world are spending too much money. And there will be great wailing about reducing any aspect of any part of any government. We can always save some money somehow in our personal lives. I predict there will be an eventual backlash against attempts to avoid cuts in government spending.
BBC Director defends cuts
and from last week here BBC signals end to an era of expansion.
I think over the next few years we will settle into a era where people will have some sense of shred sacrifice.
Sitting behind a wall, in German "Mauer," and asking everyone else to sacrifice is not an option.
Only then may we say, "What's so funny about peace, love, and understanding?"