Groucho Marx used to say that he was not crazy about reality, but that it was still the only place to get a decent meal. The sooner the Greeks and their political elites return to reality and abandon the fantasy of a radically better deal with the Troika that would somehow exonerate them of the need to pursue deep economic reforms, the better for everyone involved.Members of the European Parliament hold posters with the word “No” (Oxi in Greek) during a debate at the European Parliament in Strasbourg, France, July 6, 2015. ReutersThe idea promoted by Greece’s former finance minister …read more
Source: American Enterprise Institute for Public Policy Research