Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I am a bit irritated. Why do always assume that "automatic stabilizers" is some german excuse cooked up on he spot in 2009 and not a age old economic concept?

It is extremely annoying that you keep misrepresenting this argument.

The point is not that the German argument did not make sense in 2009. The problem is the hysterical shrieking that the German Seriöse Leute began emitting the second those automatic stabilisers actually started making any meaningful contribution.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Feb 18th, 2012 at 11:18:00 AM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series