Login/Sign up

World Association of International Studies

PAX, LUX ET VERITAS SINCE 1965
Post Rajoy's Economic Time Bomb
Created by John Eipper on 02/03/12 11:10 AM

Previous posts in this discussion:

Post

Rajoy's Economic Time Bomb (Paul Preston, -UK, 02/03/12 11:10 am)

I had lunch yesterday with one of Spain's top economists who had recently come from talks with Rajoy. His views were bleak in the extreme. He was deeply disappointed that, after so long in opposition and with ample time to consider policies to do something about the Spanish economic crisis, Rajoy had arrived in government without any plans at all. Instead of having decrees already drafted, he is still thinking about it. Instead of bringing in good economists, his team consists of old friends of doubtful competence. At the moment, said my friend, there are only two tax-payers for every person on some form of state benefit and, with unemployment set to increase dramatically, the consequences are obvious. He reckoned that the IMF would have to step in within months and that Rajoy could not last more than two years at the outside.

I hope that I have reflected the conversation accurately.

JE comments: Grim tidings, indeed. Given that everyone knew the PSOE was on the way out, one indeed would think that the PP would have had a solid economic plan in the wings.

Greetings to all from Santiago, Chile. I am enjoying the summer heat, the company of good friends, and the bustle of this exciting capital city. More soon.



SHARE:
Rate this post
Informational value 
Insight 
Fairness 
Reader Ratings (1)
93%
Informational value100%
Insight80%
Fairness100%

Visits: 5

Comments/Replies

Please login/register to reply or comment: Login/Sign up

  • A Politics of "Anyone But..." (John Heelan, -UK 02/05/12 5:58 AM)
    Paul Preston reported on 3 February that "Rajoy had arrived in government without any plans at all. Instead of having decrees already drafted, he is still thinking about it." JE commented "Given that everyone knew the PSOE was on the way out, one indeed would think that the PP would have had a solid economic plan in the wings."

    Rajoy's lack of plans in his election platform was noted by many observers during the recent Spanish election campaign from which he emerged victorious. I suggest that he won on an "Anybody but Zapatero" basis. It seems to me that in these days of social instant gratification, the "Anyone but (the Incumbent)" method of winning elections is becoming more popular. In the UK, Cameron won on an "Anybody but Blair/Brown" basis. The Arab Spring seems to have been based on "Anyone but the current dictator" basis. Are we likely to see in forthcoming elections "Anyone but Obama" and "Anyone but Sarkozy," but probably not "Anyone but Putin"?


    That got me thinking further.


    Did not Plato, Polybius, Machiavelli and others comment on the cycle of governance methods? Wikipedia reminded me that "Originally society is in anarchy but the strongest figure emerges and sets up a monarchy. The monarch's descendants, who because of their family's power lack virtue, become despots and the monarchy degenerates into a tyranny. Because of the excesses of the ruler the tyranny is overthrown by the leading citizens of the state who set up an aristocracy. They too quickly forget about virtue and the state becomes an oligarchy. These oligarchs are overthrown by the people who set up a democracy. Democracy soon becomes corrupt and degenerates into mob rule, beginning the cycle anew."



    http://en.wikipedia.org/wiki/Kyklos



    If national governance is becoming "Anyone but...", does that not suggest that we are starting the downward track of the governance cycle?


    JE comments: It would seem that Chileans would add "Anyone But Piñera" to John Heelan's list--but he's not even two years into his term.



    Please login/register to reply or comment:


Trending Now



All Forums with Published Content (44452 posts)

- Unassigned

Culture & Language

American Indians Art Awards Bestiary of Insults Books Conspiracy Theories Culture Ethics Film Food Futurology Gender Issues Humor Intellectuals Jews Language Literature Media Coverage Movies Music Newspapers Numismatics Philosophy Plagiarism Prisons Racial Issues Sports Tattoos Western Civilization World Communications

Economics

Capitalism Economics International Finance World Bank World Economy

Education

Education Hoover Institution Journal Publications Libraries Universities World Bibliography Series

History

Biographies Conspiracies Crime Decline of West German Holocaust Historical Figures History Holocausts Individuals Japanese Holocaust Leaders Learning Biographies Learning History Russian Holocaust Turkish Holocaust

Nations

Afghanistan Africa Albania Algeria Argentina Asia Australia Austria Bangladesh Belgium Belize Bolivia Brazil Canada Central America Chechnya Chile China Colombia Costa Rica Croatia Cuba Cyprus Czech Republic Denmark East Europe East Timor Ecuador Egypt El Salvador England Estonia Ethiopia Europe European Union Finland France French Guiana Germany Greece Guatemala Haiti Hungary Iceland India Indonesia Iran (Persia) Iraq Ireland Israel/Palestine Italy Japan Jordan Kenya Korea Kosovo Kuwait Kyrgyzstan Latin America Liberia Libya Mali Mexico Middle East Mongolia Morocco Namibia Nations Compared Netherlands New Zealand Nicaragua Niger Nigeria North America Norway Pacific Islands Pakistan Palestine Paraguay Peru Philippines Poland Polombia Portugal Romania Saudi Arabia Scandinavia Scotland Serbia Singapore Slovakia South Africa South America Southeast Asia Spain Sudan Sweden Switzerland Syria Thailand The Pacific Tunisia Turkey Turkmenistan UK (United Kingdom) Ukraine USA (America) USSR/Russia Uzbekistan Venezuela Vietnam West Europe Yemen Yugoslavia Zaire

Politics

Balkanization Communism Constitutions Democracy Dictators Diplomacy Floism Global Issues Hegemony Homeland Security Human Rights Immigration International Events Law Nationalism NATO Organizations Peace Politics Terrorism United Nations US Elections 2008 US Elections 2012 US Elections 2016 US Elections 2020 Violence War War Crimes Within the US

Religion

Christianity Hinduism Islam Judaism Liberation Theology Religion

Science & Technology

Alcohol Anthropology Automotives Biological Weapons Design and Architecture Drugs Energy Environment Internet Landmines Mathematics Medicine Natural Disasters Psychology Recycling Research Science and Humanities Sexuality Space Technology World Wide Web (Internet)

Travel

Geography Maps Tourism Transportation

WAIS

1-TRIBUTES TO PROFESSOR HILTON 2001 Conference on Globalizations Academic WAR Forums Ask WAIS Experts Benefactors Chairman General News Member Information Member Nomination PAIS Research News Ronald Hilton Quotes Seasonal Messages Tributes to Prof. Hilton Varia Various Topics WAIS WAIS 2006 Conference WAIS Board Members WAIS History WAIS Interviews WAIS NEWS waisworld.org launch WAR Forums on Media & Research Who's Who