Stupid, stupid, stupid – Dutch edition

In De Volkskrant:

Als de economie niet aantrekt en het geraamde begrotingstekort voor 2014 niet daalt onder de 3 procent, ‘herleeft’ het opgeschorte bezuinigingspakket van ruim 4 miljard euro geheel of gedeeltelijk. PvdA-leider Diederik Samsom zei dat woensdag in het Kamerdebat over het sociaal akkoord.

Het kabinet stelde begin maart een pakket bezuinigingen op dat het begrotingstekort in 2014 weer onder de 3 procent moet brengen. Dat pakket staat als gevolg van afspraken met werkgevers en werknemers voorlopig in de ijskast.

IN ENGLISH:

If the economy doesn’t pick up and the estimated budget for 2014 does not fall below 3 percent, the suspended austerity package of more than 4 billion euros is ‘revived’ in whole or in part, Labour leader Diederik Samson said Wednesday in the parliamentary debate on the social agreement.

The government proposed a package of cuts in early March that should reduce the budget deficit below 3 percent in 2014. This package is temporarily in the ‘refrigerator’ due to agreements with employers and employees.

OK – please get someone to deliver some simple macro-economics to these people. I repeat: CUTTING BUDGETS IN A RECESSION IS DOING NOTHING TO REDUCE THE BUDGET DEFICIT – in fact it will make it worse, cause more unemployment etc. See Greece, Spain, Portugal, Ireland etc. Why are these people still talking as if there is something like expansionary austerity??

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