EUROPE AND THE US -- LISTEN TO THE ECONOMISTS

Both the EU and the US are listening to the FEAR from people who seem to think that governments budgets are the same as their personal budgets.

Economists have told the EU and the US that the government needs to stimulate the economy and, if the recovery slips, stimulate the economy again. Do the US and the EU do this? Not really.

President Obama has a plan that takes into consideration the values of both political parties. The Republicans still seem to be bound and determined to sabotage ANYTHING that the President proposes. The continuing obstruction from the Republicans will almost certainly slow the economic recovery in the US.

Germany seems determined to treat Greece as an errant little brother. Greece was deluded into believing that economic development could be hurried by borrowing money without insuring that tax collection was universally enforced. They are not the only country to think that growth can come without the rich paying taxes. It is unfair and short sighted of the EU to allow Greece to borrow and then not help Greece with the problems that ensued.

Forcing a large percentage of the population of a county into poverty is NOT the way to recover from a recession.

I notice that several recent elections in Europe have by won by the liberals. The fear generated by the media which resulted in the election of conservatives is being replaced by the reality of much of the population becoming poorer. This is true in both the EU and the US.

SO LISTEN TO THE ECONOMISTS or go into retirement after the next election.