Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-10-04-Speech-4-107"

PredicateValue (sorted: default)
rdf:type
dcterms:Date
dcterms:Is Part Of
dcterms:Language
lpv:document identification number
"en.20011004.3.4-107"2
lpv:hasSubsequent
lpv:speaker
lpv:spokenAs
lpv:translated text
". Fluctuations, with their peaks and troughs, are characteristic of a market economy. At times of economic stagnation of growth or when consumption levels fall, there is no sense in talking people into unrealistic optimism. This would be a form of deceit and would lead to recklessness in consumption and risk-bearing investment. It would be better to expand existing governmental provisions or to introduce new ones. This was the method successfully used in America under Roosevelt during the `30s crisis, and with which western Europe was successfully rebuilt after 1945. For that matter, it was also the method by which authoritarian states such as Nazi Germany and the Soviet Union were able to build economies which were much stronger than outsiders had predicted. In all those cases, whether we agreed with them or not, the result was an unexpected number of satisfied people. Instead of learning from that, we now see a reversion to the primitive standpoints of the 19th and early 20th centuries preceding these successes. Tax reductions, in favour of high incomes and big business, are now considered to be positive, while government spending is considered to be very negative. The report by Mrs Peijs fits in with this now predominant trend. As I expect poverty and instability as a result, I am not in favour."@en1

Named graphs describing this resource:

1http://purl.org/linkedpolitics/rdf/English.ttl.gz
2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz
3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

The resource appears as object in 2 triples

Context graph