Monday, June 7, 2010

The Boomers are Just as Bad "Over There"

In a recent speech to his country, Generation Xer and pragmatic Prime Minister, David Cameron warned his citizens about their spending and consumptive ways.  It appears that the British Boomers are no better than their American counterparts.

In Cameron's speech, he pointed out that Britain's budget deficit is more than 11%.  He went on to say that Britain currently owes $1.12 trillion (U.S. dollars) and in five years will owe nearly double if nothing is done now. 

According to the New York Times, Britain spends as much on interest payments as they spend on education.

While hearing a politician not only speak the truth about his country's situation but berating the improper spending habits of its citizens is beyond impressive.  Although Cameron will most definitely face an uphill battle.  With Boomers still in charge of Britain, Cameron will have a difficult time making the necessary cuts to reduce the deficit since I am sure that British Boomers have the same dislike of sacrifice and pain as their American brothering.

On a positive note, I may have an opportunity to start a new blog called Britain's Worst Generation.

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