Mario Draghi et la consolidation: nos candidats peuvent ils comprendre?

WSJ: Austerity means different things, what’s good and what’s bad austerity?
Draghi: In the European context tax rates are high and government expenditure is focused on current expenditure. A “good” consolidation is one where taxes are lower and the lower government expenditure is on infrastructures and other investments.
WSJ: Bad austerity?
Draghi: The bad consolidation is actually the easier one to get, because one could produce good numbers by raising taxes and cutting capital expenditure, which is much easier to do than cutting current expenditure. That’s the easy way in a sense, but it’s not a good way. It depresses potential growth.

http://blogs.wsj.com/eurocrisis/2012/02/23/qa-ecb-president-mario-draghi/