National governments in Europe and North America have spent money that they don't have. They are creating debt by over-spending. If you or I over-spend we end up with bank loans & credit card debt. Government debt isn't quite so easy to categorize but the consequences for tax-payers are similar to those our families would face: there's fewer goodies, less to go around, everyone has to work harder & gets less from it.
The people of Greece lived it up on a 4 day work week with free government-everything but they're paying the price now. They are complaining bitterly about the harsh cutbacks but the alternative is bankruptcy. The whole European Economic Community is in trouble & it seems like we in Canada & the U.S. are in a hurry to charge down the same blind alley.
False environmentalism is one of the biggest cash drains & yields no real environmental benefits. Meanwhile people are out of work (a situation that will get much worse as gov't debt grows), jails are filling up as crime rises, education & health care suffer, & people in real need are left to fend for themselves so we can build more windmills! Download Kids Before Trees free to get an in-depth look at the cost of rampant environmental terrorism. You can get it at Smashwords.com https://www.smashwords.com/books/view/80505 Use coupon code RV47G.