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Europe's Juggling Act: Cuts, Tax Hikes, Bailouts

Europe’s Juggling Act: Cuts, Tax Hikes, Bailouts

July 23, 2012 · by Patrick Smith · in Articles, The Fiscal Times

On the face of it, last week did not look like a very good one for Europe—not if you think it is time to push growth as well as fiscal discipline. Just days after Spain announced a $79 billion package…

What a Socialist France Would Mean for America

What a Socialist France Would Mean for America

April 30, 2012 · by Patrick Smith · in Articles, The Fiscal Times

Should the U.S. be (a) frightened, (b) neutral or (c) exuberant that a very moderate Socialist looks set to win the presidency in France when the second round of voting takes place May 6? If Francoise Hollande wins, Americans should…

The Socialist Who Can Rattle the Global Economy

The Socialist Who Can Rattle the Global Economy

April 23, 2012 · by Patrick Smith · in Articles, The Fiscal Times

At the end of a week of bad news across Europe, the French have handed the Continent another cliffhanger: In the first round of polling for the presidency on Sunday, incumbent Nicholas Sarkozy trailed his Socialist Party challenger, François Hollande….

The Deficit: Congress Fiddles as America Loses Ground

The Deficit: Congress Fiddles as America Loses Ground

March 9, 2011 · by Patrick Smith · in Articles, The Fiscal Times

The recent news from Germany is encouraging for Europe—and sobering for the U.S. Beating all forecasts, unemployment has plunged to its lowest level in nearly 20 years. Business and consumer confidence is hitting records. It is getting hard to flinch…

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About Patrick Lawrence

Writer, commentator, longtime newspaper and magazine correspondent abroad. Writes often on Europe and Asia. Published five books.

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