The Party is over now start cut of spendings.
Goverments focus on now how to save money and not to spend because there is money problems everywhere.
Medical and 41k retirement funds also can suffering.
But yes the times of over spending is over gone are the days when for example finland people lived in spain and still get goverment funds.
Everything Will be now squeesed and social and medical cares budget will be lower.
Not in my country, the government are spending extravagantly yet they complain that there's no money and I feel same is happening in other countries too.
The government can claim to be cutting cost but there are other ways they spend money that the public aren't aware of. An example is my country Nigeria, buying cars for senators every 4 years instead of having a car that can be reuse by all senators for official duties since they already should have their personal cars before resuming office.
The government say they're cutting cost so we don't expect too much while they live comfortably lifes. It's only the average man that this hardship is having a full effect on.
The rich way of living might reduce but it won't be as bad as ours is. The government can't save money, infact they shouldn't be saving but be investing as that's how you make money and not by saving.