No More Austerity - Already?

"Thorny issues that Athens still needs to address include shrinking the number of jobs in the public sector, speed up privatisation plans and recapitalise four of its main banks."
France 24

For at least 3 years now, Greece has been the go-to example of a failed nation-state due to a laundry list of egregious national mismanagement practices; a bloated government sector and over the top and unsustainable pensioner plans to name a few. They have become the ultimate warning sign to other nations, for example, say the U.S. But I digress. (And it doesn't mater because, unlike your own household, the U.S. has an infinite amount of (borrowed) money. Proof.)

Back to Greece. Apparently Greece PM Antonis Samaras, says enough is enough. No more austerity. Yet at the end of March 2.8 Billion euros will be sent to the failed nation by its "bail-out" creditors. So "thorny issues" is putting it lightly. The generous creditors, the European Union, the European Central Bank and the International Monetary Fund, should be sending a strong message here, that it was not an overnight mishap, perhaps with a bottle of wine, that led you into ruin, and the road to recovery will not mean a few weeks of everyone bringing lunch from home. The message should be: since we are funding your recovery, you do not get to say when austerity ends. And you will not complain at the first sign of pain.

So as much as Greece has been a sign of failed governing practices, so to can it be the petri dish for experimenting with recovery. And as you can read in the quote taken from the article above, it seems that the clear prescription for Greece are the opposite of what our own country is doing. Everyone else can see it but us.