Tuesday, May 14, 2013

"New Pew Data on European Public Opinion: EU is Unpopular; the Germans and French are Arrogant, and No One is Paying Attention to the Reinhart-Rogoff Debate"

I love the Greek's thoughts on who is trustworthy, Italy's too.
From the Monkey Cage:
Pew has a very interesting new survey out on attitudes towards the European Union among citizens of eight EU countries. Here are a just a few of the more interesting results.

First, attitudes towards the EU are getting worse. While there is always going to be some noise in these kind of data, the consistency of the negative changes is noticeable. What I think is potentially most important are the two countries (France and Spain) where we’ve gone from significant majorities with a favorable view of the EU to majorities without a favorable view. The stunningly low numbers of Czechs who now see EU membership as having harmed economic development is also worth noting.

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Second, contrary to popular wisdom, large numbers of people still seem to prefer cutting spending in order to reduce the debt as opposed to stimulus spending as a way out of the crisis, the Reinhart-Rogoff brouhaha not witstanding. The headline number here in France is really quite stunning, but given the recent tone of the political discussion in Italy I would not have predicted twice as many people supporting cuts to reduce the debt to stimulus there either. (Greece as the outlier here though makes sense.)
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Third, Pew probably even undersold this point – Germans appear to be living on a different planet, let along a different continent....MORE
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