Tuesday, May 07, 2002

Democracy? What Democracy

From the BBC:

In Brussels on Tuesday the chancellor will argue the case for Britain running a budget deficit to pay for improvements to public services.

Such a move is potentially in conflict with the EU's Stability and Growth pact, which dictates that countries must be "close to balance" or in surplus.

How dare they. The only economics the European Union excels at is that of bribery.


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