Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-03-15-Speech-4-093"
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"en.20010315.5.4-093"2
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This document is a complete hotchpotch, which resuscitates the old concept of the ‘Social Market Economy’ so as not to have to adopt a deeply neo-liberal position. Its first recommendation, and the only specific one, is to ‘demand’ that ‘all necessary steps be taken’ to keep inflation below the mythical threshold of 2%. But how can anyone have confidence in experts who think that investments represent 5,3% of the GDP in Europe, whereas, in the year 2000, the accurate figure is 20,5%? How can we accept this insistence on demanding, yet again, as always, these ‘suitable reforms’ of social security systems, and a ‘more flexible’ labour market?
The political hypocrisy of using the word ‘social’ to dress up an increasingly rampant capitalism is compounded here by a very foolish error. By making inflation the absolute barometer of good economic health, there is a risk that the current recovery will be stifled, and that the prospect of a return to full employment will be put off to a time which is decidedly not ‘reasonable’. That is where it leads, this alignment of socio-liberals with liberalism pure and simple. We are voting against it."@en1
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