snapper,
of course, i agree that would have been the optimal route, both sociologically and economically. but, as you know there were significant political obstacles to that optimal route.
on another note, the (general) European economic response to the Great Recession has been remarkably poor, which combined with the ME refugee crisis is why the previously dominant European center-left has been absolutely devastated.
I am not seeking a re-run of the 'long economic debate' but what happened to those left out? Trump was their answer. It would have been wiser (in retrospect it always easy of course) to throw money out of nowhere into peoples accounts in the banks and let them keep their houses or start new businesses etc but not leave them behind from their point of view while bending over backward for the banks etc... My description is not intended as economical but rather sociological.
on another note, the (general) European economic response to the Great Recession has been remarkably poor, which combined with the ME refugee crisis is why the previously dominant European center-left has been absolutely devastated.
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