Only the Germans, it seems and Noonan (for awhile) will continue this insane charade based apparently on a completely false economic metric!
Barroso admits austerity is not working - Independent.ie
The facts are clear. This cruel austerity experiment has failed | Will Hutton | Comment is free | The Observer
It's Official: Austerity Economics Doesn't Work : The New Yorker
Constantin Gurdgiev: The real reason why austerity has failed - Independent.ie
EUobserver.com / Opinion / Why austerity is failing in Europe
Why European Austerity Fails - Forbes
My question now is that this destroyer of economies and peoples' lives (especially those of vulnerable people), where lies and lies the fiscal treaty (ie enshrining permanent austerity in the constitution), which The Irish people voted in their droves for last year, despite warnings from highly intelligent people such as myself and O'Cuiv that it was complete insanity!
As Enda said at the time, we are the only race in the EU that would vote for it!
Surely it's a completely unworkable piece of nonsense and has now been exposed as such!