Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-433-000"
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"en.20121025.29.4-433-000"2
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"Mr President, the report is not so much a piece of economic reasoning as a tautology. More integration is seen as necessary to achieve more integration. Coordination is not an answer to unemployment but is seen as an end in itself; it is not so much a cure for unemployment as displacement activity for those without a cure. The answer to the problems of the South is not austerity, which produces only more unemployment. It does not even do what is written on the tin, which is reducing debt. Most of the countries of Europe need reflation without inflation. We must remember that what is physically possible must be financially possible, or there is something wrong with the financial system.
We need to see an abandonment of the euro experiment and southern countries released to enjoy export-led booms. We must reject globalism, protect and recreate our industries and reject the coded references in this report to wage cuts and worsened economic conditions. We must not drive down our wages and conditions..."@en1
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