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View Diary: Against War and Austerity, Hollande is Right and Obama Should Agree (63 comments)

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  •  As others have pointed out (1+ / 0-)
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    Deep Texan

    Europe as a whole hasn't exactly been on much of an austerity kick. Here is the EU speaking:

    "National budgets are NOT decreasing their spending, they are increasing it:

    Between 2000 and 2010, national budgets in the EU increased by 62 % while the EU budget increased by 37% over the same period.
    In 2011, 23 national budgets out of 27 are currently increasing.
    In 2012, 24 national budgets out of 27 are due to increase according to the latest estimations."

    http://ec.europa.eu/...

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