[St_Thomas_Aquinas]

-—Spain is supposed to trim its deficit by some 5.5 percent of GDP over the next two years. That’s not a recipe for growth. Just ask the IMF——

Has anything good ever come from the IMF? Are we allowed to ask?

Contract the hell out of gov’t services, cut regulations, and cut the govt budget by 50%.

Or follow the IMF’s advice.

[buwaya]

Cut regulations is key.
Spain is choked on regulations.
So are we for that matter.
Deregulation is like a tax cut.