Credit has enabled people to spend before they earn.Some have...

Credit has enabled people to spend before they earn.

Some have over done it and can not or will not pay off their borrowings. Let them sink. The sooner the better.

The Government's Robin Hood method of Taxing (robbing) the prudent, the savers, the hard workers, the sound profitable businesses and distributing the money to the spenders, the fools, the lazy and those who can't live within their means is further damaging the economy and delaying any recovery.

Recovery will happen when competent people and businesses can operate profitably again.

Forget these easy answers to alleviate pain and buy votes. The lesson is that no one can get wealthier by spending.

Wealth comes from saving, living with a balanced budget.