Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-09-04-Speech-2-021"

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"en.20070904.3.2-021"2
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"Mr President, the internal market is certainly working if we measure it in terms of overall economic growth. It is certainly working, too, if we just accept the fact that what we have been experiencing — since we have had an internal market in Europe — is the greatest redistribution of wealth that this continent has seen in peace time. Yet in terms of people’s acceptance of it, the internal market is certainly not working. Why not? Precisely because we have this huge range of wealth levels, because unearned income is growing far faster than wage packets – and that is why, 15 years after Jacques Toubon, this report will come to be seen as a powerful testament to the failure of the Socialists and Social Democrats. If you read the draft amendments to this report, you will find no surprises. There are calls for effective regulatory mechanisms, for a review of internal market strategy, for initiatives to reinforce the social agenda and for a social safeguard clause. The Social Democrats were in the overwhelming majority in Europe for such a very long time, and 15 years down the line we will find out that they accomplished nothing and that they are responsible for increased radicalisation on the political fringes in Europe."@en1

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