Crush Liberalism

Liberalism: Why think when you can “feel”?

Spain learning painful lessons that socialism teaches

Socialism sure is tough to pull off when other people’s money isn’t quite there, huh?  Duh:

When Prime Minister Jose Luis Rodriguez Zapatero took power seven years ago, he and his Socialist Workers’ Party set out to perfect the welfare state in Spain. The goal was to equal— or even surpass — lavish social protections that have long been the rule for Spain’s Western European neighbors.

True to his Socialist principles and riding an economic boom, Zapatero raised the minimum wage and extended health insurance to cover everything from sniffles to sex changes. He made scholarships available to all. Young adults got rent subsidies called “emancipation” money. Mothers got $3,500 for the birth of a child, toddlers attended free nurseries and the elderly got stipends for nursing care.

How times have changed. With a U.S.-style real estate bubble having burst and the 2008 global economic crisis having unfurled like a tsunami from Wall Street to Plaza de Espana, Zapatero’s main concern in his second term has become hacking away at government spending to preserve Spain’s credit rating. The icon of socialism recently concluded a pact with labor unions and business leaders to freeze pensions, push back the retirement age from 65 to 67, trim union bargaining rights, cut civil servants’ pay by 5 percent (including his own) and suspend the childbirth bonus. The alternative, he warned, was bankruptcy.

So how has unemployment fared in socialist Spain?

The financial crisis has forced deep cuts and left Spain burdened with 21.3 percent unemployment, the highest of any nation using the Euro as its currency. The jobless rate among the young stands at 40 percent and a total of 4.9 million people are out of work in Spain, the highest number since 1997.

And how did the electorate respond?

With 91% of municipal votes counted, the centre-right Popular Party (PP) had almost a 10-percentage point lead, the interior ministry said.

Voting took place amid mass protests against high unemployment and the government’s handling of the economy.

Demonstrators holding sit-ins in Madrid and other cities said rallies would continue for another week.

Spanish Prime Minister Jose Luis Rodriguez Zapatero conceded his party had been resoundingly defeated but said he had no intention of calling early general elections.

He said three years of economic crisis had taken their toll.

Huh.  Go figure.

We may have escaped the Apocalypse this past weekend, but only time will tell if they can escape socialism’s apocalypse.

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May 23, 2011 - Posted by | big government, economic ignorance, Euros, socialism

2 Comments »

  1. Spain learns the truth of socialism and just how evil it is

    Comment by SPURWING PLOVER | May 24, 2011

  2. But Nobama can make it work. He’s more determined and a better teleprompter reader.

    Comment by tnjack | May 24, 2011


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