Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-10-04-Speech-4-106"
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"en.20011004.3.4-106"2
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".
The Peijs report is a true neo-liberal anthem that portrays public finances and social protection as the root of all evil. For example, the report contrasts inevitably “ill-managed” public investment with the private sector, which is, naturally, efficient. Its main function is to once again affirm the neo-liberal dogma codified in the “Stability Pact” signed in Amsterdam in 1997, and to condemn the adjustments suggested at the Gothenburg summit on automatic stabilisers.
Now that the economic climate is changing due to a persistent wage moderation policy, the report affirms the right to inflict a fresh recession on Europe. It advocates blindly applying a policy that everyone will notice goes against the announced objectives for growth and employment. When the economy slows down, the Stability Pact contributes to the chaos by slowing business down, because in reality it aims to achieve an unemployment level that will bring salaries back down and increase profits. We must vote against this report, as applying it would pose a genuine danger to the workers of Europe."@en1
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