sábado, 14 de enero de 2012

TAXES AND GROWTH, IMPOSSIBLE COHABITATION



After their meeting, Merkel and Sarkozy they said to have detected advances in the fiscal plan that looks for to reinforce the budgetary discipline along the Union Europe, and that a plan impelled by Germany to put a control to the debt of the countries would be implemented in weeks. I already throw to tremble in thinking of a new plan for the European economy, prepared by the indefatigable defeatist chancellor Merkel. I don't know of what plan he spoke, but if of what is it is of putting control to the debt, I fear myself that the proposal anger for the one on the way to not getting in debt more, instead of facilitating the reduction of interests and debt by means of an European combined action, that that without a doubt will be another control for the countries that they need to continue indebted, because every time their debt grows more, pushed by its recessions and its increments of interests. 

Undoubtedly another possibility is that they intend more taxes to apply to the societies to the capitals and saving Banks etc. since what seemed already vetoed as the denominated tax Tobin" "Appraises Sarkozy he has rebounded of the hand which no longer knows again what to make so that France balances its deficit and in turn the one wins the next elections again, I exposed it yesterday in my blog if Sarkozi follows the steps of Merkel instead of to give him the back and to compose a majority of poor but majority after all didn't get ready anything in the euro group I no longer know how to say it yesterday put it to him clear S&P to Mr. Sarkozy. 

Sarkozy, behind in the face surveys to the next presidential elections in France, it impels the adoption aggressively from a tax to the financial transactions, well-known as the "rate Tobin". With the only purpose of trying to collect without loading but to their voters but this won't give him neither money neither votes first because this tax you cannot apply unilaterally for a country if he doesn't want to see as their banks and financial entities leave to make the operations affected by the such rate to other countries. 

And this rate won't be applied in europa, because it doesn't interest Germany since alone it implanted it if it is not even a rate at world level European, because the economy and the financial force of Germany is very above the European local environment.  I rein United it advanced that it would veto a tax of that type in the whole UE, unless it is adopted to global scale, what could divide to the European Union in a summit at the end of month. Sarkozy said last week that France would continue ahead with its plan in a unilateral way if other European countries reject it, and on Monday he declared to the press that "if we don't give the example, this won't be made". We don't have doubts that we will begin a tendency in the area euro so that everybody adopts this tax", it pointed out. The French newspaper Hulls Him he said that the French Government could soften his ambition and to restrict the tax to the purchases of actions, leaving to the funds and those derived for a later stage. 

Both leaders also took advantage of their encounter to discuss how to impel the economic growth and the employment creation, amid an unfavorable context marked by measures of austerity and tensions in the bank financing. Germany has demonstrated that it is captaining the crisis, but nobody pays me attention and it is clear all more recession has in the easiest European Union it is Germany to grow economically. But the employment is an urgent problem for Sarkozy that faces some elections in less than four months and he goes behind in the surveys, with the applications of attendance for unemployment in France in its higher level in 12 years. 

Yesterday Sarkozy declares "The chancellor and I are fully aware that the priority at this time is the growth, the employment and the competitiveness of our continent", interesting communion of interests among a country that he is requesting the immigration of all type of qualified workers or it doesn't stop to complete the necessities of growth of its industry, instead of offering an European industrial restructuring that allows a more uniform and more equal growth of the whole Industry in the europa of the euro. Germany is distributing the misery and the recession for all Europa imposing taxes and cuttings everywhere, and he stays in its house the work the production and all the Europa Eurus. 

Alone until the European economies in choc state are convinced that it is impossible the cohabitation between the increment of taxes and cuttings and the imperious necessity of beginning the path of the growth, the situation in Europe will remain stagnated and anchored in an absolute recession. The situation is difficult to break the I recognize, but there never is not alternative some measures or if they prefer it setting the situation at human level, the level of life of a rich one can follow it a poor person. And this it is the current situation and that it should break if it is sought like they say day in and day also to defend to the euro and the European Union, I don't believe that it is so difficult of understanding. 

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