The Great Society was much more than the sum of its parts. Like the New Deal before it, the Great Society changed the way Americans thought about the relationship of the government to the economy.
The increase in liquidity will not be sufficient to fuel the badly needed eurozone’s economic growth. Meanwhile the fiscal policy remains deflationary.
The objectives of the Eurozone's Authorities are the reduction of public spending, in particular the social, and the liberalization of the labour market, resulting in a change in the functional distribution of income in favour of profits.
Sub-groups of member countries should be given the possibility of establishing various forms of closer cooperation decided on the basis of shared interests rooted in the aspirations and common projects at the regional level.
The big US companies, rich of cash, assail European industries from Astom to AstraZeneca: The different attitudes of the French and the British governments. And the old Italian policy of industrial dismantling.
