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The OECD and Italy’s recovery

The OECD and Italy’s recovery
(1:13)
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If Totò Riina and Bernardo Provenzano were to open up a rating agency on the development of criminality in Italy, what results would they produce? Criminality Outlook: zero. A Triple A for Italy. The maximum points for a civilised country. The same is happening for the OECD, the Organisation for Economic Co-operation and Development, the white knight of every Italian economic crisis.
In its "Economic Outlook", the OECD explains that in Italy “the recession ended halfway through 2009”, news that will put at peace the spirits of the Italians upset by Greece in its near future. The OECD is financed by 31 countries including Italy which is one of the major contributors. It has its headquarters in Paris, 2,500 EMPLOYEES and a mammoth budget of 320 million euro a year (2009 data). The OECD is a hymn of praise to Tremorti’s economic policy: “The government’s policy has helped to limit unemployment, which will however continue to rise slowly in 2011 (thus it is rising even in 2010 – editor)”. The OECD gives a great evaluation of Italian unemployment without however taking into account the “discouraged” (those who are not looking for work because they have lost every hope) and the fudged collection of sample data that considers someone to be employed even if they have worked for just a few days in the last six month period: “The rate of Italian unemployment is anyway lower than the overall rate for the euro zone and the rate for the United States”. It’s a hymn of praise to Italy that manages to “maintain a low primary deficit, inside the levels established(?)” and to the government that “managed to maintain unusually low the growth of the overall spending in 2009”, but the OECD does not reveal that Italy has accumulated about 100 billion euro of public debt in 2009 and about thirty since the beginning of the year (“unusually low growth in spending”, and thus, by how much should it grow to be unusually high?). The Italian salaries are the lowest in Europe and now, after Tremorti has frozen the salaries of state employees for the next three year period, often figures barely above 1,000 euro a month, the salaries are moving towards being the lowest in the Mediterranean. In compensation, Italy has the level of taxation that anyway remains higher than the overall level in the euro zone and higher than that in the United States.
According to the OECD, Italy is going slowly, but it’s going (but where is it going?).Italy that is paying some of its 2,500 employees. The OECD among the useless bodies is the most damaging (where was it before the economic collapse in 2008, before the collapse of Greece (a member country)?)
Let Tremorti withdraw financing from the OECD, he and the psycho-dwarf have no need of help, no one can touch them when it comes to telling tall stories.

Posted by Beppe Grillo at 09:08 AM in | Comments (0) | Comments in Italian (translated) Post a comment | Sign up | Send to a friend | | GrilloNews | listen_it_it.gifListen |
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