How People Respond When Their "entitlements" Go Away

I hate to be the prophet of doom, but if things do not turn around in America, this could happen here.

Greece rocked by riots as up to 60,000 people take to streets to protest against government

quote:

Fears of a Greek default have undermined the euro for all 16 countries that share it, putting the Greek government under intense European Union pressure to quickly show fiscal improvement.

It has announced a raft of savings through public sector salary cuts, hiring and pension freezes and consumer tax hikes to deal with its ballooning deficit, but the measures have led to a new wave of labor discontent.

The cutbacks, added to a previous austerity plan, seek to reduce the country's budget deficit from 12.7 percent of annual output to 8.7 percent this year. The long-term target is to bring overspending below the EU ceiling of 3 percent of GDP in 2012.

The new plan sparked a wave of strikes and protests from labour unions whose reaction to the initial austerity measures had been muted.