Re:Review of “Adults in the Room” by Yanis Varoufakis
by davrosthedalek on Wednesday May 03, 2017 @02:00PM
(#14258358)
Indeed. The problem is that populist politicians in "paying" countries can use this as an argument for an EU exit. See Brexit. It's hard to sell to pay billions, especially if stuff like hours/week, retirement age etc. are often nicer in those countries that need the money.
Re:Review of “Adults in the Room” by Yanis Varoufakis
by crdoconnor on Wednesday May 03, 2017 @06:20PM
(#14260745)
The problem is that the populists are able to make that argument at all. Most establishment politicians in Europe are trying to be as much like Weimar as possible in all the wrong ways (austerity, wage repression, pension slashing, privatizations, etc.).
For example, California sends 180 billion in tax revenues to the fed while accepting approximately 30 billion in federal spending. In the EU this kind of thing occurs only in the single digit billions.