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Spain: victims of hard times
07 November 2011 @ 10:31

Spain goes to the polls in just under two weeks in conditions that look depressingly familiar. Unemployment, already the highest in Europe, has now risen to over 22%. Economic growth has staggered to a halt. Spain's sovereign debt remains under market pressure, in spite of tight fiscal restraint. Neither candidate of the two leading parties inspires, still less do they represent. Just over half of the "indignados", Spain's protest youth movement, turned out in May's municipal elections which wiped out the ruling socialists.

Read more at guardian.co.uk  Also, interesting comments to read at the end of that article.




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1 Comments

foxbat said:
07 November 2011 @ 15:58

Its a great shame that the PSOE will almost certainly lose the election and that the PP will have a majority making a coalition unnecessary. This isn't about popularity; it's more about unpopularity. Zapatero and the PSOE were caught between the proverbial rock and a hard place and forced into making some very unpopular decisions that affect everyone but particularly the middle and working classes. Had Rajoy and the PP been in power at the time of the banking collapse, the decisions taken would have been the same indeed I suspect that the decisions that the PP would have made would be even more far reaching.
This will be a knee-jerk reaction election just as the election of Cameron was in the UK and just as in the UK once in power under the PP, the situation will only get worse. No decisions taken by the PSOE will be reversed, rather they will be extended. One has only to look at local authorities under PP control like Madrid, to get a sense of the direction in which Spain will be directed.
If the Spanish electorate think for one minute that things will be easier under the PP than under the PSOE they need only to look at the UK...
Spain cannot afford a PP government but sad to say that's exactly what it's going to get.


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