Ask yourself, why does Spain need an austerity program? How come they have to do what the Germans tell them? Can you think of any countries that do today what Spain did from 2004 to 2011? Are they still doing it today?


Spain Ejects Clean-Power Industry With Europe Precedent: Energy - Bloomberg

As an aside, you do realize we spent $20,000 in bureaucracy fees for each clunker in the Cash for Clunkers program. Only about $3700 went to the person trading in the clunker. And some people still think that program was a sucess.