Zandar's Thought Of The Day

To recap, Spain's effective unemployment rate is 20%.  Spain's answer to fixing the problem?

Spain's Prime Minister Jose Luis Rodriguez Zapatero said Madrid would slash civil service pay by 5 percent this year, freeze it in 2011 and cut 13,000 public sector jobs this year in a drive to meet European Union deficit targets.

Cutting pay and jobs in a deep recession, hmm.  That's never been tried before...

Let me know how that works out for you, Zapatero.