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View Diary: Beware of Greeks bearing debt (141 comments)

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  •  What kind of German? (0+ / 0-)

    I imagine that a German bureaucrat with a vested interest in the integrity of the EU may want to bail out Greece, even if it's triple the 8B Euros that Germany has so far committed.

    But a German private sector workers who sees a bailout becoming a higher tax burden may feel differently.

    Much like the non-union / union divide in the US.  In New Jersey recently, many city and state workers supported Corzine's sales tax hike, since they were going to directly benefit from the largess.  Non-union voters obviously felt otherwise, and let him know in the ballot box.

    Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project. http://www1.hamiltonproject.org/es/hamilton/hamilton_hp.htm

    by PatriciaVa on Tue Apr 27, 2010 at 02:24:50 PM PDT

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