PapaScott I like big blogs and I cannot lie! 🐘

Lower the Bar! Fire the Statisticians!

Remember the Lisbon Agenda, in which the EU pledged to become the world's most competitive economy by 2010? OK, stop laughing. Germany has come up with a plan on how the agenda can be met, namely by lowering the goal, a tactic which seems to work for domestic financial problems. So instead of competing right away with the United States, the EU can start by competing with, say, Khazakstan or Bangladesh. I personally think a better solution would be for the EU to hire Greek statisticians.

Maybe the tactic can be applied to other issues as well, for example, Turkey. "Did you think we said talks would open in this century? No, we never meant that..." (EUbusiness - Germany wants to lower Lisbon Agenda targets)

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