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Again - lower taxes and balanced budgets are NOT THE SAME THING. German austerians are not against tax increases to balance budgets. It's the combination with neoliberal policies which is absolutely toxic.

And when your creditworthiness is decided in London, being prudent with debt is not geostrategically silly. We worry about our energy coming from Russia, but we should worry about our money being valued by the Anglos.

Wind power

by Jerome a Paris (etg@eurotrib.com) on Sat Mar 17th, 2012 at 06:54:30 PM EST
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