ddt
Mafia Penguin
There's a nice anecdote about post-WW2 Dutch Labour leader Willem Drees. In 1947, the US officials Harriman and Hoffman would have visited him about the Marshall aid. For some reason, they visited him at home, in his terraced house. Ms. Drees served the tea, opened the biscuit tin and offered them one plain biscuit - after which the biscuit tin was closed again. On their way back, Harriman and Hoffman concluded that in a country where the PM lived so frugally, the Marshall aid would be well spent.Sure, I'd love to know!
What does fiscal prudence mean though? How does a socialist country be prudent with spending? It kinda goes against socialism.
Now, this anecdote in all likelihood is a myth, but it bears a kernel of truth. The Dutch Labour party under Drees' leadership was very much fiscally conservative, and it has in fact never been a party wont to rack up state deficit.
Also, while in the period 1946-1958, Dutch governments were formed around a Labour-Catholic coalition, building up a welfare state has been a project that has been supported by all parties. On the whole, since WW2, the Labour party has been less years in government than in opposition. Abroad, especially in the USA, there may be the image that the Netherlands is left-wing, but that's actually not the case; the left-wing has always been in a minority. This is mainly due to socially progressive issues like abortion, euthanasia and (soft) drug use. But those are mostly issues where in the Dutch political spectrum, the political left (Labour, Greens) and political right (free market liberals) agree on, while they're opposed by the political center, the Christian-Democrats with their religious hangups that unwanted children must be born and terminally ill people should suffer as long as possible.