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Politics
Out of context: Reply #12530
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Payback Time
Crisis Imperils Liberal Benefits Long Expected by Europeans
By Steven Erlanger
http://www.nytimes.com/2010/05/2…PARIS — Across Western Europe, the “lifestyle superpower,” the assumptions and gains of a lifetime are suddenly in doubt. The deficit crisis that threatens the euro has also undermined the sustainability of the European standard of social welfare, built by left-leaning governments since the end of World War II.