Toy Story Cake Decorating Figures

The reasons for the Spanish wreck

For any English must be heartbreaking to look back at this time. Seven years When Zapatero came to power by accident, the country had achieved a budget surplus for the first time ever, full employment is just around the corner and the other European nations viewed us as a pop star prepared to claim its rightful place within Europe and the world. He

economic miracle was built on the national heath had bequeathed the socialist felipes Aznar, was based on two clear principles: fiscal austerity and progressive liberalization of the economy. Two principles, however, undermine the ideological dogmatism Zapatero and that from the moment prepared to leave. So on the one hand, did not hesitate to increase the public waste at rates exceeding 10% per annum after all, to stay in power, had many political debts to pay and substantial client networks to create. Furthermore, its intervention in the economy was continued, both to interfere in the internal affairs of the companies, there is the famous case of Endesa, to align with the unions and intentionally block any trivial labor reform to close the nuclear and promote with the very expensive renewable energy subsidies.

During his first term, Zapatero was able to afford this expensive socialist regime thanks to the income tax provided that the bubble brick criticized both for show, but actually encouraged both prime. No other purpose
placed his conmilitones in the councils of government of the savings banks, restricted land supply and subjugated to an increasingly independent Bank of Spain. However, when the bubble pricked, the whole house of cards collapsed. The private sector, aimed at the construction was by the ubiquitous sclerotized state regulations, and public economics had established a level of unaffordable after the ether had evaporated revenue associated with brick.

In 2008, it was time to acknowledge the failure of four years of misrule and return to liberal principles of budgetary austerity and deregulation that had been enriched to Spain, as expressed today puts the eminent economist John Velarde in the pages of this newspaper. But Zapatero declined during that period trick to deny the crisis and during the following deceive himself by claiming that there was a socialist way out of depression . Among their lies and nonsense, let us several million unemployed and hundreds of billions of euros in the form of debt. Disaster of colossal magnitude that only pressure from the markets (those "damned speculators) and wisdom have prevented Germanic Merkel to continue to accrue to lead to a certain suspension of payments. Recent German protection, therefore, has given us some respite, but Zapatero, as red is prejudicial, is reluctant to make life easier for the English and is rectifying its impoverished economic policy or anti-liberal court, and put it over simple, leaving La Moncloa and calling early elections.
Apparently, five million unemployed and more than 250,000 million of debt on their backs are not sufficient grounds for him go. A child should be taken so seriously that "socialism or death" and so has left us.
www.intereconomia.com/noticias-gaceta/opinion/siete-anos-ruina-absoluta-20110312