Monday, February 06, 2012
Delay And Pain
When an organization or country faces painful choices, delay is often the response. This is the tactic Greece is using in responding to terms for an EU/IMF bailout. Greece's politicians are worried about internal public relations rather than what the world thinks. Citizens are fed up with austerity and don't want to live with even less, as the bailout terms demand. One can't blame Greeks for anger. On the other hand, Greece lived beyond its means far too long and is now trying to avoid paying the bill. It is easy to blame the country's leaders for this mess, but the onus is on everyone for overspending. Delay will not make the pain go away, but it is a short-term effort at control in a time of chaos.
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