There will always be more to be researched and discovered.
Since inflation is on the high and the unemployment rates are not that worrying, Austerity would be some options of fiscal policy to increase the revenue while lowering the inflation and cut expenses, even though it increases the unemployment rates. Austerity measures can be risky for the economy, because little spendings on some sectors can throw the economy out of balance.
The English parliament wouldn't give the colonists representatives in the government, so the colonists felt like they had no say in where their tax money was going. (Taxation without representation) So, they broke away from England and started their own country.
There much lot of graft and corruption amongst the elected officials.
