Friday, May 07, 2010
Posted by: Meredith Jessup at 11:12 AM
According to the New York Times, Greece has to swallow some “bitter pills” in order to get on the road to economic recovery. In exchange for an IMF/EU bailout, Greece has agreed to an austerity plan that strangely resembles conservatives’ dreams for American prosperity.
Many of the measures the IMF/EU demands Greece must implement in order to help improve its economy run opposite to the Obama administration’s agenda for America.
NYTimes: Among the most significant features of the plan, a Greek government official said, would be a measure making it easier for the government to lay off some of the many thousands of public sector workers, whose low levels of productivity and high wages are a big contributor to Greece’s debt problem.
USA: “Government workers, especially at the federal level, make salaries that are scandalously higher than those paid to private sector workers.”

NYTimes: Another reform high on the list is removing the state from the marketplace in crucial sectors like health care, transportation and energy and allowing private investment.
USA: Obamacare, parity for pedalers, cap and tax… among MANY others.

Are we seeing a pattern yet?










