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The real german response has been automatic stabilisers and stimulus. The rest was rhetoric.
by IM on Mon Feb 7th, 2011 at 09:39:42 AM EST
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Rhetoric. Right. We all know that constitutional amendments are expressions of rhetoric, not policy.

Incidentally, why shouldn't Ireland pursue countercyclical fiscal policy? Because the current German line is that they shouldn't.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Mon Feb 7th, 2011 at 09:42:42 AM EST
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