Friday, 3 June 2011
So it beings again.
What is it about the EU technocrats and their mission creep. One step at a time they creep, grabbing bits and pieces subtlely until you wake up with no roof over your head and a bill for the privilege of losing it.
The one area that patently doesn't work in EU-world is fiscal policy. It is for the Northern economies of Germany and Netherlands not the PIGS.
While they scream out for some leeway, the North is concerned about over-heating.
So why on earth should it be a good idea for a finance ministry that can make decisions about a nation's fiscal policy - especially one that isn't even in the Euro?
Please can someone explain how the technos can make these leaps of logic that presumes that all will jump up and down applauding saying Capitol?!?