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Politics : View from the Center and Left

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To: JohnM who wrote (268095)	1/26/2015 11:58:27 AM
From: Steve Lokness	Read Replies (3) of 540958

To quote from an earlier article by Krugman (January 22nd) on Europe's pressing problems; They felt comfortable, emotionally and politically, demanding sacrifice (from other people) at a time when the world needed more spending. They were all too eager to ignore the evidence that they were wrong. Why should the strong economies in the world continually bail out those countries unwilling or unable to to bring their own house in order? Germany and the Switzerland and then Denmark have one by one said we are not interesting in propping up failed economies. ...........meanwhile I saw protest signs in Greece this morning that said "down with Merkel". Something like that. The Greeks EXPECT Germany to bail them out. Huh? How is that suppose to work?

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