When an economy is down you don’t kick it

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The Greek economy is down. Everyone agrees. And I thought everyone agreed now that if you're going to raise taxes it is when the sun shines, not when storm clouds are looming.

Despite that the EU wants Greece to raise €8bn of new taxes, now.

All that can do is kick the Greek economy when it's down, harm any chance of recovery and leave the Greek economy even more parlous than it was before.

When, oh when, will some basic economics get through to the thinking of politicians? Or is that just too much to hope for?


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