EdwardBaiamonte
Platinum Member
- Nov 23, 2011
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Do you know what got them into their Economic Crisis in the first place?
It certainly was not austerity!
Greece News - Breaking World Greece News - The New York Times
French president François Hollande has bowed to massive pressure for business tax cuts to pull Frances economy out of slump and stave off industrial decline, ditching a core element of his socialist platform.
Francois-Hollande-lurches-Right-in-historic-U-Turn-to-save-French-economy.html
Critics call it the most humiliating U-turn in French politics since François Mitterrand abandoned his disastrous experiment of "Socialism in one country" under a D-Mark currency peg in 1983.
All of Europe made three big mistakes causing their Economic Crisis.
Our President is taking us forward to an even greater Economic Crisis.
The Democrats have no idea that the President continues to pursue an economic policy that has never worked. Europe is a perfect example of how this Economic Theory fails.
Do you even know what the name of this failed Economic Theory is?
You are living proof of just how bad our Public Education System has become.
The main reason for economic problems in Europe is the world wide recession, not EU economic policies.
The real reason is European Socialism continued to tax, spend and borrow ( Keynesian Economics ) which served to make the recession worse by increasing their National Debts.
Nanny states appear to be good until they run out of money.
Greece certainly didn't try austerity. Their liberals spent and spent but somehow it never produced prosperity or got their economy going.
So maybe they should have tried austerity?? and maybe a drunk should drink less??