Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I believe it was, yes.

But that's because I believe that the hysterical children didn't realise in 2009 that their automatic stabilisers would certainly breach their magical voodoo 3 % deficit limit.

The other possibility is that they had realised this elementary fact that anybody who took the time to add the numbers together would realise. In which case they were lying when they said that automatic stabilisers would suffice, because they clearly didn't intend to let them work.

I'm going with stupidity here, but it's almost equally easy to make a case for malice aforethought.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Feb 18th, 2012 at 12:04:01 PM EST
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