Austerity vs. spending revisited

Why is the central discussion in Europe still about austerity versus spending? The debate finally has to change towards spending on what and how and on how to save. Crude measures and ideological debates will not solve the European problems, but only polarize the political systems within and between member states. 

Now, it is really about combining smart saving and smart spending. Why don't they speed up the extension of the electrical grid in Germany, harmonize European railroad systems, extend the electrical grid and power supply planing in Europe, spend on measures promoting education and labor mobility in Europe for the unemployed and having programs for elder workers introducing younger applicants to jobs or supporting social entrepreneurship start-ups instead of paying unemployment benefits to those who are willing to implement ideas? And on the other side, save expenses by having workers work longer, but more flexible instead of retiring and cutting non-essential subsidies?

Europe suffers from a massive misallocation of capital in the past and struggles facing the challenges, which the requirements for a single currency has imposed on them. Instead of adjusting the system to prevent massive misallocation in the future and to finally acknowledge its true state, Europe polarizes the debate by focussing on austerity vs. spending! 

It's your chance, Europe, seize it. Make the Eurosystem workable with room for national social policies, but pressure for acknowledging one's true state of competitiveness. Means such as free capital movements to your ultimate goals of peace, wealth and power for the citizens should not be mistaken as ultimate goals. Free trade is essential, but could it be possible to discriminate against mere financial capital flows instead of trade related capital flows? Could this prevent sudden stops of capital and enhance democracy in member states and the European Union? Furthermore, the European parliament has to be strengthened. Not anytime in the future, but rather now than in the future. The time of living beyond one's means has passed: The earlier this is accepted, the more buoyant your future will be!