No, not our President. President Nicolas Sarkozy of France and Chancellor Angela Merkel of Germany today called for all euro zone nations to enact constitutional amendments requiring balanced budgets. They want the process completed by the summer of 2012.
Did we ever think we would see the day when the Europeans would be pushing for more conservative fiscal reforms than we are? The Tea Party is ahead of the rest of the country right now. I predict that will change in time. The Europeans realize they have no choice. Washington will eventually come to that conclusion as well. It just might not occur after 2012.
No comments:
Post a Comment