Over in Spain, they're putting the finishing touches on their annual budget.
The write up in El Pais contains this gem:
Despite putting the austerity drive into fifth gear, overall spending is due rise 9.2 percent as a result of higher interest rates on public debt and Social Security system outlays, largely a result of unemployment benefits, with a quarter of the working population out of a job.
Umm, it's not austerity if the budget is increasing by nearly 10% and it's certainly not "austerity drive in fifth gear".
all things are relative, i guess
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ReplyDeleteThose 12-gear Spanish cars never made it very big over here.
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