So many have been complaining, so many have been wrong. About 1.5 million citizens residing in the European Union (EU) have signed a petition to block this approval.
I’m not sure about this trip.
First of all, it may mean that my blog posts are going to appear at random times over the next few days. Because I will be traveling to places that may not have the best internet service (or, at all!)- and there is a significant time shift. But, that’s only part of the reasons why I’m not sure about this trip.
Do you remember the great deficit bugaboo? Where a certain party (you know, the Chicken Little one) kept screaming that the deficits would ruin America? Which continued through the next Presidential election? If you’d check my blog, I clearly stated the facts. That the deficit only looked overwhelming because our economy was in free fall. (As I quoted Ben Bernanke yesterday, the 2008 recession (aka ‘the Great Recession’) was far worse for the economy than the Great Depression. And, now that our economy is recovering (although wage rates have not done so), our deficit is no longer a problem. (Don’t even think that the “fixes” offered by Congress made a difference- they won’t kick in for a few more years, yet.)
Fareed Zakaria published an op-ed in the Washington Post on Thanksgiving (literally and figuratively). In it, he stated that we (Americans) should not be “enamored of Germany” for maintaining its industrial base through economic reforms. Since, after all, we are in the “post-industrial, information economy”.