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The French chattering classes are completely captured by the idea that the deficit must be reduced, therefore unfortunately the state must be shrunk (and they forget to mention the corollary, crashing the economy)

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Mon Oct 6th, 2014 at 10:48:12 AM EST
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When Gerd Schroeder did the same in Germany the economic consequences were severe. But it was done at a time when the global economy was going more or less well. This time it is going to be a disaster.
by rz on Mon Oct 6th, 2014 at 10:51:47 AM EST
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