Today’s Financial Times reports that French President Nicolas Sarkozy’s administration plans to freeze public spending for five years “to eliminate its deficit and reduce spending as a share of national output.” While Congress figures out the fastest way possible to deficit spend $150 billion on a stimulus package that history suggests will do nothing, French Prime Minister Francois Fillon told FT a global downturn would only “reinforce the goverment’s determination to move swiftly and far with structural reforms.”
Saturday, January 26, 2008
Maybe they're onto something....
When Did the French Become Better Adherents To Limited Government Than the GOP?
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