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The European Commission is reportedly preparing a "kind of Marshall Plan" of €200B to...

The European Commission is reportedly preparing a "kind of Marshall Plan" of €200B to stimulate growth in Europe via public and private investment in infrastructure, renewable energies and high technology, according to the Spanish daily El Pais.
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Comments (7)
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    Green jobs and an industrial policy led by government.

     

    "When will they ever learn? When will they ever learn?"
    -- The Berra Trio
    30 Apr 2012, 08:08 AM Reply Like
  • Trader Monk
    , contributor
    Comments (130) | Send Message
     
    Tony..Never..they will never learn..but maybe they will ask Oblamo for advice on this novel plan..
    30 Apr 2012, 08:27 AM Reply Like
  • Angel Martin
    , contributor
    Comments (1342) | Send Message
     
    Einstein's definition of insanity ...
    30 Apr 2012, 09:51 AM Reply Like
  • jamesbwood
    , contributor
    Comments (307) | Send Message
     
    What do you propose instead? More and stronger austerity?
    30 Apr 2012, 10:51 AM Reply Like
  • Angel Martin
    , contributor
    Comments (1342) | Send Message
     
    step one is to dump the euro...
    30 Apr 2012, 06:14 PM Reply Like
  • Eisotrader
    , contributor
    Comments (37) | Send Message
     
    Providing additional liquidity is a first step in promoting economic revovery. What the European Commission is repotedly preparing is a straight Keynesian economic stimulus. It's a backing away from former austerity measures, which were never going to work.

     

    Eiso
    30 Apr 2012, 01:27 PM Reply Like
  • jamesbwood
    , contributor
    Comments (307) | Send Message
     
    Agreed.

     

    Can we learn from the Eu in the US or do we need to *cut cut cut spending with the same results here too?

     

    *Except of course for military spending. We can not afford to stop sending our sons and daughters to distant foreign wars; that would be unethical!
    30 Apr 2012, 02:05 PM Reply Like
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