Monday, 7 May 2012
Britain is shackled to the corpse of Europe
Daily Mail "Europe's economic problems are about to get a whole lot worse. For the past three years, governments have tried, however ineffectually, to tackle the debt crisis. Now, though, in country after country, voters are demanding precisely the high-tax and high-spend policies which caused the recession in the first place. Yesterday’s elections in France and Greece were the first of what will surely be many advances by the populist Left. In both places, candidates were elbowing each other aside during the campaign to demand more intervention and an end to cuts. The new French President is an unapologetic Socialist of the kind we haven’t known in this country since Michael Foot. François Hollande wants wealth taxes, stimulus spending and a massive expansion of the state payroll."
Posted by ItsFairComment at 10:43