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The CEPR is an EU think tank supported by the French Government [0] France and Germany have been lobbying against US stimulus packages like the IRA and IIJA, a
by alephnerd 2y ago
The CEPR is an EU think tank supported by the French Government [0]
France and Germany have been lobbying against US stimulus packages like the IRA and IIJA, and economic protectionism that has become mainstream politically [1]. It is becoming a trade war [2]
Western European allies can tell the US what to do when they start carrying their weight like Poland, Romania, Czechia, etc.
[0] - https://cepr.org/about https://cepr.org/about
[1] - https://www.politico.eu/article/macron-heads-to-washington-on-mission-to-avert-transatlantic-trade-war/ https://www.politico.eu/article/macron-heads-to-washington-o...
[2] - https://www.institutmontaigne.org/en/expressions/real-reasons-why-europe-concerned-us-inflation-reduction-act https://www.institutmontaigne.org/en/expressions/real-reason...
- mamonster 2y agoAll of the countries you named as "carrying their own weight" have the curious commonality of being net recipients of massive amounts of money from the EU cohesion budgets (i.e Western Europe) over the last 10 years. Very easy to spend money on big guns and other projects when you are Poland and get something like 10 billion euro net on average for the last decade. EU scary hours will begin in something like 10-15 years when Poland will be asked to become a net contributor (after they converge and some W. Europe country will inevitable come up with the idea of plugging fiscal deficits by cutting EU contributions).
- alephnerd 2y agoEU's problems are the EU's to solve. Doesn't mean Americans should undermine our Industrial Policy because French and German players are nowhere near as competitive. At least Eastern European allies help cover and support American defense spending in Europe, while Western European players like France and Germany are opposed to Atlanticism unless SHTF