Monday, 14 September 2009

HW economics(200 word)

President of the Unites States Barack Obama condemned to the idea that Europe and America dissent on the demands for a financial stimulus. Inside the European union and European governments, debates rage to beat the crisis through the financial policy. As a leader of European government, Germany wants more proves of stimulus plans work, before investing more money. Although, American politicians worry about the cause hyperinflation, European Unions are arguing about the $6.5 billion projected infrastructure plan. Some of the Europeans dislike fresh stimulus plans. If the governments come up with right stimulus package, the pain
of the governments will turn into benefits.

Eu's single market solved some of the national problems, the gains from a return to growth will not be left in one country's borders. Dutch prime minister, Jan peter Balkenende states that European procrastination are more better than scarce tax revenues.
Mr Balkenendes organisation in the government has spent weeks discussing a fresh stimulus how to make an effort in November which was aimed mainly at the country's vast financial industry. Government extended guarantees to such behemoth dutch financial groups like ING caused Christian Democrats to worry.

Netherlands open economy is a leading voice against economic policy that invites some American congressman. Raise dutch wages, cut income taxes all these will not just absorb the income but also will escape in to savings

GOiNG DUTCH

Unemployment will rise from 3.9% to 9%, but Lans Bovenberg of Tilburg University, says that Dutch politicians can solve this problem, they have to clean up banks, boost exports and raise the retirement age, to 67.

Could Dutch politicians solve out all these measures? or is it a joke? Domestic pain can turn into gain. If that hope motivates the Dutch to spend for Europe, that will be good for everyone.

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