What can the U.S. learn from Europe's rejection of austerity?
Greece, Germany and France all elected new leaders on Sunday as voters revolted against austerity measures as a solution for Europe's economic woes.
"Austerity can no longer be inevitable!" France's new president Francois Hollande shouted in his first speech after Nicolas Sarkozy conceded. Hollande is France's first socialist president in more than a decade and has already promised stimulus spending.
What can the U.S. learn from Europe's rejection of austerity?
We rounded up some reactions to the change and what it could mean for austerity politics: Europe's revolt against austerity
(Photo: Getty Images)
-
- groups:
- Big Featured Discussions
-
-
Kyle_Wyrick
-
Yeah do not do it, it does not work!
- 1 year ago
-
Kyle_Wyrick
-
-
tverdell
-
Well they can't call it 'old europe' this time.
- 1 year ago
-
tverdell
-
-
Hiway
-
America should heed the various upswing of third and fourth party options that have risen in power and influence; the socialist party in France has seen amazing results that are directly a manifestation of the public's distaste for austerity.
Greece has witnessed the Nazi's building in their country, and while still not ready to influence the nation as a whole, the foothold is astounding in this modern era.
The best lesson to be gleaned by the USA is that with continued Wall St. influence and bankers becoming presidents (or banker owned presidents sitting in office) we can expect drastic changes and a myriad of extreme opinions and factions forming. The waters are muddy, but the dynamics are in motion.
*that crap up there sounds like a tarot card reading... vague and without real specifics, huh?
- 1 year ago
-
Hiway
-
-
- Carrie_Mihalcik
- added this
-
1
-
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
- more
