Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-05-17-Speech-3-037"
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"en.20000517.2.3-037"2
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"Mr President, we do not support the Commission’s guidelines. They are outdated and obsoleted by events and do not contain any prospect of a solution to the extremely serious problems which are both holding back economic development and, in particular, weighing down the citizens. The proposed formulae will lead to ruin: flexibility at all costs, further dismantling of the Welfare State with pension cuts, the imposition of unjustified salary restrictions across the board, and even discrimination between regions, a decrease in public investment and obsessive recourse to the Stability Pact and the monetarism which have not only already caused irreparable harm in the past but have certainly not done anything to support a euro which is yielding increasingly to the supremacy of the dollar. The acclaimed macroeconomic development for job creation is so tied up in the self-regulation of the free market that it has not yet created any jobs, rather it has destroyed stable jobs, while, in the worst of cases, contributing to keeping salaries low in precarious employment sectors. This is not the way to fight unemployment, but it will heighten social poverty, increase the democratic deficit and feed public scepticism towards the democratic institutions."@en1
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