“No area can be exempt,” an official in Berlin said ahead of the visit, arguing that net contributor states – those who put more into the Brussels coffers than they get out – already finance roughly three quarters of the EU budget.
“No area can be exempt,” an official in Berlin said ahead of the visit, arguing that net contributor states – those who put more into the Brussels coffers than they get out – already finance roughly three quarters of the EU budget.
I hate to agree with Merz, but what he really says is not that there should be cuts, but rather that the hugely increased new budget proposal is not in line with the current economic situation and should be revised to something more similar in size to the current budget.
Yeah, that debate was basically settled already in 1936ff by Keynes
Kind of a telltale sign that conservatives still don’t get the message almost 100 years later.
Cutting spending by government will cool down the economy even more.
Someone’s spending is another one’s income.
Who else is supposed to spend if companies are downsizing, private households are cutting spending, and government is cutting spending?
I feel like the world collectively forgot Keynes‘ economics theory. The whole austerity cycle is madness.
Neoliberalism has been the name of the game since the 80s.
Politicians have no idea about economics and their advisors are sponsored by corporation that prioritize short term shareholder value above all else.
It’s more efficient if the member states invest then when the funds get stuck in the bureaucracy of the EU Commission.