Monday, June 28, 2010

RS: Keynsianism is dead in Europe

RED STATE, 6/28/2010 by Soren Dayton - The G-8 and G-20 meetings in Canada were remarkable in historic terms. European governments criticized the United States for being spendthrift. Brazil provided political cover to the US on behalf of the developing countries. This has been a consequence of something truly remarkable happening in Europe. Keynsianism has lost in Europe. There is no political support for it. And Barack Obama got hit in the face with this reality. Read how sanity has taken hold in Europe...

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