[lbo-talk] FT/Harris: Economic stupidity epidemic throughout populace

Michael Pollak mpollak at panix.com
Mon Jul 12 21:58:35 PDT 2010


http://www.ft.com/cms/s/0/8f9e61c0-8ce2-11df-bad7-00144feab49a.html

<begin excerpt>

Asked if public spending cuts were necessary to help long-term economic recovery, 84 per cent of French people, 71 per cent of Spaniards, 69 per cent of Britons, 67 per cent of Germans and 61 per cent of Italians answered Yes. In the US, 73 per cent of Americans agreed.

Only 38 per cent of Italians, 33 per cent of Germans, 31 per cent of Britons, 29 per cent of Spaniards and 16 per cent of French people thought that public spending cuts would harm the economic recovery. Some 27 per cent of Americans agreed.

<end excerpt>

Michael



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