Europe turns America into a bad example on fiscal policy

Joseph Sternberg  |  July 31, 2020

Op-ed by Joseph Sternberg, includes “The European Union’s fondest fans are more or less thrilled with last week’s major coronavirus spending spree. Leaders of EU member states agreed to pour €750 billion into fiscally strapped members such as Italy. Those fans should be warier of getting what they’ve wished for. A similar aid package is proving controversial in the U.S.—the fiscal union where Europeans mistakenly believe this sort of thing is easy. …”

Read the full article on: The Wall Street Journal

comments powered by Disqus