Those that have staked out anextreme position on this issue have run into trouble: The Huffington Post has had to endure a boycott and a class-action suit over its refusal to pay any of its bloggers, while Demand Media is trying to rid itself of paid writers whose low-quality output earned it a spanking from Google.
At the other extreme, Ireland, which ran a large budget surplus last year, might be forced torunan even bigger one if the single monetary policy is not tight enough to suit its needs.