[nathanbedford]

Note the bias set up in the European Union scheme, nations are compelled to finance themselves with taxes rather than with growth.

If Ireland can attract businesses which generates jobs by cutting taxes, then why not Poland, one of the few countries in the European Union that even recognizes the scent of capitalism when it wafts by them? If Poland and other nations can cut taxes to generate jobs, the socialists running the European Union see this is a race to the bottom. Reaganite conservatives, supply-siders, would see that as progress on the march toward prosperity.

The European Union socialists want to divide up the pie but free marketeers, Reaganites, conservatives want to make the pie bigger.

[Olog-hai]

The (European) Union shall establish an internal market. It shall work for the sustainable development of Europe based on balanced economic growth and price stability, a highly competitive social market economy, aiming at full employment and social progress, and a high level of protection and improvement of the quality of the environment. It shall promote scientific and technological advance. …

— Consolidated Treaty of Lisbon, “Treaty on European Union”, Article 3, Section 3, Subsection 1

Another bizarre descendant of the Stalin constitution of 1936, this via the UN Charter in part. Note that the “internal market” is to be set up from the top rather than by free market forces.