[expat_panama]

It's difficult to see how there can be too much of a rebound with the dramatic increase in the amount of government spending that has occurred over the last 3 years.

The increase is dramatic because that idiot Canadian Peter Jennings and his ilk contrive drama any chance they get.   This is fine for political rhetoric.  However, those that are less interested in political quarrels and more interested in actually knowing what's going on with the economy simply retrieve the spending data and plot a graph to notice that government spending is typical for a growing and healthy economy.

Of course everyone wants government spending reduced, just like they want everything else they buy to be on sale; but the situation is workable as is.

[week 71]

There is no question that the situation is workable, as one can look at the Eighties. The country would do well to give taxpayers the same percentage taxcut as well. I am of the ilk that the economy would rebound dramatically if government CUT spending as well.