Economics Finland Finnish Politics

ECONOMIST DECLARES EUROPE’S ‘BALANCED APPROACH’ TO REDUCING THEIR DEBT IS A RUSE………

 

Here in Finland the ruling coalition of Marxists and Socialist lites, (SDP and faux conservative National Coalition) plan to do exactly what this woman depicts, talk of spending cuts and tax increases. It’s just that the former never materializes (in great measure or if at all) and the latter drives more money of the state.

Ronald Reagan proved beyond a shadow of a doubt that sustained economic growth can be achieved coming out of a disastrous recession (the Carter years, double number unemployment, runaway inflation etc..) if you CUT SPENDING and LOWER TAXES, and making it easier for business to be conducted at home. The end result was the longest sustained period of economic growth in US history.

What’s happening in Finland (and elsewhere in Europe) will result in disaster.

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