The European Commission cautioned the new French president against overspending in trying to spur growth and warned that Spain still had a long way to go to restore market confidence, as it released its verdicts Wednesday on the performance of economies across Europe.THE SOLUTION TO EUROPE'S ECONOMIC PROBLEM'S IS ACTUALLY SIMPLE:
CUT REGULATIONS - ESPECIALLY ANTI-CARBON REGULATIONS.
AS ENERGY PRICES COME DOWN, PEOPLE WILL HAVE MORE TO SPEND, AND BUSINESSES WILL IMMEDIATELY INVEST IN EXPANSION.
THEN - AS THE ECONOMY STARTS TO GROW, CUT TAXES AND CUT ENTITLEMENTS AND RAISE THE RETIREMENT AGE AND EXPEL ILLEGAL ALIENS.
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