Don’t anyone tell Nancy Pelosi, but Spain’s socialist government and opposition are embracing constitutional limits on public sector borrowing and enforced balanced budgets. It’s a man bites blue dog story: European socialists and social market conservatives are embracing radical fiscal ideas that the Tea Party loves and American liberals hate.Spain isn’t acting alone. Nicolas Sarkozy and Angela Merkel recently encouraged all Eurozone governments to introduce new balanced budget amendments. Germany already has one. France is getting read to put one in place. Even Italian Premier Silvio Berlusconi initiated a similar move in early August. The UK government, which includes the Liberal Democratic Party in its coalition, has voted for some of the most stringent spending cuts in western history.If her on again off again presidential campaign doesn’t take off, Sarah Palin should maybe think about emigrating to Europe; an anti-tax, balanced budget, anti-foreign aid and anti-immigrant program is becoming mainstream politics over there. If things keep going this way, Texas might decide to join the EU when it secedes from the US.
Como Se Dice 'Tea Party' En Espanol?