Conservatives all over the globe have been using Greece and Portugal as reasons to slash public services. The public figures are well aware that public spending

Conservatives all over the globe have been using Greece and Portugal as reasons to slash public services. The public figures are well aware that public spending makes up a large percent of GDP expenditure, despite being a fraction of private wealth. So it's no wonder why austerity doesn't work. Greece and Portugal simply have irresponsible taxation systems that were pushed too far, so their debt accumulated. Greece has people driving million dollar cars paying the same tax as common people.