Blind Alley 1100 Words You Need Week 41 Day 3

Blind Alley 1100 Words You Need Week 41 Day 3

Blind Alley 1100 Words You Need Week 41 Day 3

a situation or method that leads nowhere or produces no results, cul-de-sac, fruitless or mistaken course or direction, unproductive undertaking, closed-off passage, dead end, impasse, stagnation

The confidence pacts are an attempt to make more room for investment policy to increase growth, but now even the European Parliament’s committee recognizes that growth alone does not create jobs, so political Europe is oscillating between Maastricht and some kind of anticyclical policy. The former aggravates employment problems, the latter does not resolve them, so we are getting into a real blind alley, and Europe is threatened, more than threatened now, with a crisis of social cohesion, and the prospects for European civilization and democracy are dim.

Source: https://glosbe.com/