Progressive Democrats must start mobilizing their own agenda now. And the first step is to face the truth about the record of the President we have just re-elected. Here's an initial reality check.
La paradoja del panorama europeo es que mientras la izquierda se dice más europeísta que nadie, tiene menos presencia y menos coherencia supranacional que la derecha.
It is difficult to see how a continuing increase in unemployment, balance of payments deficits and mounting foreign and public debt can go on. Something has to give in sooner rather than later: either the German have to be less restrictive in her attitude to mutual support or the Southern countries will leave one by one.
Quando la sig.ra Merkel dice che ogni massaia tedesca sa che non si può fronteggiare i debiti, aggiungendo ulteriori debiti, non dice una cosa nuova, e tuttavia profondamente sbaglaita.
When Mrs Merkel says that every German housekeeping knows that you cannot take care of debt with (additional) debt, says nothing new, but deeply wrong.
The fear of a runaway inflation in Germany, and everywhere in Europe, is not justified now, while depressing demand and mass unemployment will not put the countries in trouble in a position to pay their debts.
