Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-07-05-Speech-3-038"
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"en.20000705.2.3-038"2
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"Mr President, the European Central Bank is just a cog, albeit a highly symbolic cog, in the wheel of policy of all the Member States of the Union, a policy which promotes the profits of big business, while at the same time imposing what the report euphemistically refers to as a moderate wage policy.
The Central Bank, which has set itself up as the supreme guardian of this policy, claims to be acting to prevent budgetary deficit and indebtedness in the Member States. But what it does not mention, any more than the Member States themselves, is the fact that those responsible for and those who benefit from the deficit are not those who are required to make sacrifices in order to reduce it. It is the subsidies, tax relief and various forms of aid granted to big business which empty state coffers everywhere. But it is to labour and public-sector wages that every government runs when it comes to reducing its deficit.
The elected members of
will be voting against this report. We affirm the need for a policy to put an end to all direct or indirect subsidies to employers and a consequent increase in taxes on profits, private wealth and high incomes.
We affirm the need to force Member States to use the funds that are recouped in order to create jobs, which are cruelly lacking today in health, education and public transport, and to lift the public services out of their present state of disrepair."@en1
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