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No, the real divide right now is "EU right or wrong" vs. "wait a minute". We'll get austerity with lip service to growth and no jobs because what matters is being "pro EU".

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Migeru (migeru at eurotrib dot com) on Thu Sep 13th, 2012 at 04:33:52 AM EST
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Yes, but on the other side of the fence there is the it's-all-Brussels'-fault-crowd. Would you rather have sovereign national austerity or pro EU austerity?
by Katrin on Thu Sep 13th, 2012 at 06:36:28 AM EST
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Can I pass on austerity?

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Migeru (migeru at eurotrib dot com) on Thu Sep 13th, 2012 at 06:37:36 AM EST
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Are you arguing another EU enlargement now? ;-)
by Katrin on Thu Sep 13th, 2012 at 06:49:55 AM EST
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well, a government with Labour in it is going to be less growth-unfriendly than the previous one. i.e. will presumably reinforce a "growth" caucus within the EU council.

Though if Rutte is still PM, I suppose the effect is minimal.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Thu Sep 13th, 2012 at 12:00:50 PM EST
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I've lost track on the definitions of 'growth' and 'austerity' - by politicians, by business-lobbyists and here at ET. I'll struggle on.

Labour's gambit in resisting the Dutch Austerity 2.0 package of past spring may have helped them. Then again, the minute the signatures were put to paper, the five parties that had grouped together began calling for changes and honing election rhetoric. And hardly anyone has mentioned the austerity package during the elections.

Labour has consistently resisted the three percent EU-budget ceiling, thereby risking an EU penalty. The party's program heckles the EU's insistence on 'growth', while rallying for a program for jobs instead. A Tobin tax, clear support for a large role of the ECB, Eurobonds, an absolve of liberalizing the health and housing market - it's all in there. Plenty of populist pipe-dreams are there as well (scrapping Strassbourg, reducing the EU budget) - but still. Labour has shifted relatively rapid towards the French negotiation position and the Dutch Socialists.

Combine this breed with the anti-EU, pro-austerity stance of Merkel's lapdog, Rutte, and what we'll get in the Netherlands is rather beyond speculation at this point - and somewhat frightening, might I add.

by Nomad on Thu Sep 13th, 2012 at 02:10:50 PM EST
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