Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-02-05-Speech-2-339-000"

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"en.20130205.17.2-339-000"2
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"Mr President, the year begins with unjustified optimism about growth prospects, but that recedes as the year’s realities begin to emerge. If you persuade countries to share a currency that is over-valued for some of them, if you import manufactured goods from countries of low wages and inhuman conditions and tolerate the transfer of production and investment to emergent economies, you will not get growth, you will get recession. If you import cheap labour from poorer countries, you will not get increased employment of our own nationals, you will increase unemployment. We have unsatisfied needs in our economies and unemployed people who could satisfy them. What is physically possible must be politically and financially possible or the political and financial systems are not fit for purpose."@en1
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