Homespun economics about the fiscal treaty under fire

The homespun economics being trotted out to sell the stability treaty is both patronising and beginning to get more than a bit wearing.

What in reality is the “good housekeeping”; that is supposedly “at the heart of the treaty”? In effect, it is budget cuts and tax increases year after year.

Result for households? Shrinking income and worsening living standards for more and more families in the decades ahead.