MANY forecasters and Wall Street economists argue that the necessary bargaining power is still there.
But many also worry that the intensive bargaining necessary to make an agreement possible resulted in a weak accord, saving face for all the key parties.
The information was deemed by the unions of the day to be "necessary in collective bargaining for dealing with the problem of technological unemployment".
But as long as Brussels and Berlin believe aid is necessary, Spain retains bargaining power — the chance that it self-destructs implicitly holds the rest of Europe hostage until they agree to terms.
Of course, there will be contests over the sharing of the benefits of production; and so we have the right to strike and to argue all night, when necessary, in collective bargaining sessions.
Many years ago, the economist John Kenneth Galbraith argued that collective bargaining was necessary so workers had the countervailing force they needed to bargain for their fair share of the growth they're helping produce.
Panorama said that the prime minister had paid the businessman, Gianpaolo Tarantini, about $715,000, as well as sizable monthly payments, to encourage him to strike a plea bargain if necessary to keep the case in Bari from going to trial.
But she has not always bucked the elite consensus that a "grand bargain" is necessary to reform major social insurance programs.
More than a decade of hard bargaining was necessary before agreement on the form the national government was to take was achieved.
