Tuesday, May 11, 2010

"Economic Scene - In Greece, a Reflection of U.S. Debt Problems" - NYTimes.com

LEONHARDT is very good, but he spends too little time in Greece. To think that the Greeks are simply going to accept by decree what we are not able to do through our democratic institutions is just wrong. The sale is a tough here as there, and maybe tougher there. It's not the Greek people who agreed to the deal; it was those other people....the Greek politicians. They spoke for themselves and I surely am not optimistic that they will find that they have spoken for the people of Greece.

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