Saturday, June 20, 2009

Leftists Doing Poorly in Europe Elections

See Wall Street Journal June 20, 2009 Editorial at
■ “For decades, Europeans have been frustrated with low growth, chronic unemployment and fading competitiveness.”
■ “Of late, the winning political formula in Europe is simple: Promise to ease heavy tax and regulatory burdens and shake up stagnant economies. The welfare system is seen as broken. France's Nicolas Sarkozy and Italy's Silvio Berlusconi took this path to power. In the largest economy, Germany, Chancellor Angela Merkel looks poised to defeat a divided left in September's elections.”
■ “Consider the results last week of elections for the European Parliament. Center-right parties gained in Germany, France, Italy, Belgium, Britain, the Netherlands, Portugal, Spain and across most of eastern Europe.”



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