Tuesday, April 11, 2006

Disastrous

National Review says:

Brilliant improvisers as they are, Italians will be hard put to find a way through the horrible bog in which the elections have now landed them. Not just bad, things are disastrous, virtually intractable. Italy's national debt is one of the highest in the world, far exceeding the limits that the European Union allows. Victims of the unloved euro, Italians have priced their exports out of the market, unemployment is high, and the costs of state welfare unaffordable. With one of the lowest birth rates in the world, moreover, the population is vanishing. And now instead of a government with a clear mandate to govern, there is a standoff between Silvio Berlusconi and Romano Prodi, respectively the Right and the Left. Read it all

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