« UK economy: robust growth, upside risks | Main | Identity and economics: what are we missing? »

Friday, May 25, 2007


Translation: they're spending too much and/or not taxing enough.

Or, how about this one: They don't even know how much they are spending!

State spending in France is so chaotic there is no consolidated accounting of expenditures. Revenues, yes, because they all come into the Treasury. But spending, no, because each state agency has its own expenditure accounting system and they do not even sum up within their ministry of tutelage.

Vive la France ...


Ditto last comment for Croatia, an emerging one in Europe that looks even worse than France. It's worse when you don't know where the money is going even if you know how much of it there is. Total lack of transparency of who gets what. Obviously, that is because of politicians show where things are going (est. 6% of the budget to clinically dead state companies) you would have a revolution. How to make them show the money?

travesti video

This article is very beautiful, I really get very beyendım text files manually to your health as you travesti very beautiful and I wish you continued success with all respect ..

Thanks for helpful information travesti siteleri you catch up us with your sagol instructional çok explanation.
en iyi travestiler en guzel travesti

istanbul travestileri
ankara travestileri
izmir travestileri
travesti siteleri
travesti video
travesti video
güncel blog


Blog provide more fun in different environments where we come here to follow us as we look to the user admin travesti - travesti - escort - travesti - travesti


No Fee Consolidation loans from £3k-£100k. If you have been refused a loan elsewhere then the easy loans company can help.
easy loans company




Çilek sex shop Mağzamızda En Kaliteli sex ürünleri, sex oyuncakları şişme bebek ve erotic shop erotik giyim Ürünlerini Bulabileceğiniz Gibi Ayrıca, penis büyütücü, geciktirici, Bayan Uyarıcı, Ürünlerde Temin Edebilirsiniz. 1994 ten Bu Yana En Kaliteli Orjinal Erotik Ürünlerini Sağlamakta Olan Çilek Erotik Shop ta Tüm Cinsel Ürünleri Bulabilirsiniz

ankara travestileri ankara travesti


extra jel

As millions of people who want to lose weight, but youDid he can not succeed in a kind of worry about your weight yanıyorsunuz more? You might think, and this process will be much easier to lose weight in a healthy way to get over ... Now a much more difficult as it used to have a nice view, but you have to do is that you want to attenuation.

The comments to this entry are closed.


  • TEST

  • Subscribe in NewsGator Online

Economist Weblogs



  • This is a personal web site, produced in my own time and solely reflecting my personal opinions. Statements on this site do not represent the views or policies of my employer, past or present, or any other organisation with which I may be affiliated. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.