A discussion of Spain’s financial woes blames in part Prime Minister Zapatero’s postmodernist worldview:
Economists both inside and outside of Spain had been warning for many years that the country’s construction boom was unsustainable, and that urgent measures needed to be taken to diversify the economy and to make it more competitive.
Instead, Zapatero wasted valuable time and energy denying that there actually was a problem. Spanish Socialists, like many postmodern relativists, believe that all problems are by definition imaginary and can be wished away by avoiding negative thoughts. In an effort to downplay the scale of Spain’s economic troubles, the Socialist government has established a seven-year track record of using an arsenal of postmodern euphemisms to avoid unpleasantries and to create a virtual Spanish reality.
In an interview with the Socialist mouthpiece El País, for example, Zapatero famously asserted that the idea that Spain was actually in trouble was “opinionable” and said that “it all depends upon what we mean by crisis.” He said that those warning about an impending economic crisis were being “unpatriotic” and that such talk was a “fallacy, pure catastrophism.” Zapatero also warned: “Let’s not turn economic forecasting into a fetish.” Think positive, he said: “To be optimistic is something more than a rational act. It is a moral requirement, an act of decency and, if I may say so, elegance.”
After Zapatero was finally badgered into using the word “crisis” in a late-night television interview, when a journalist read him the word’s dictionary definition, his government tried to pin the blame for Spain’s self-inflicted economic woes on a foreign scapegoat. Spain’s industry minister said Spain was facing an “imported problem.” The deputy prime minister blamed Spain’s problems on “radical liberalism,” which in euro-speak means the free market. The labor minister blamed “the neo-conservative thinking preached by U.S. President George W Bush, which has resulted in capitalism without ethical limits.” Zapatero himself blamed “the neo-conservative model based on capitalism without borders nor limits nor ethics.”In February 2010, Zapatero blamed Spain’s economic crisis on an “Anglo-Saxon” conspiracy and ordered his country’s intelligence agency, the National Intelligence Center (CNI), to investigate whether the Americans and Britons were conspiring to undermine the Spanish economy. . . .
Up until the austerity measures recently foisted upon Spain by international investors, one of Zapatero’s main diversionary tactics had been to try to shield Spanish voters from exposure to the reality of market economics. In doing so, he has gone on a seven-year spending spree that has left Spain deeply in debt.Just one example: Zapatero’s 2008 re-election promises totalled €22 billion, or a whopping 2.1 percent of Spain’s GDP. For the 1.7 million Spaniards eligible to vote for the first time, for example, Zapatero promised rent subsidies, and for the under-30s he promised to build 150,000 low-cost homes. In a bid for the female vote, he proposed that working women should pay less tax than men. And for low wage earners, he promised to exempt them from paying income tax altogether.
Zapatero also promised to raise pensions and the minimum wage, to create 300,000 new child care slots, to increase autonomy for the region of Catalonia, to financially compensate companies that adapt their working hours to those of schools, and to provide new fathers with one month of paternity leave.
In an effort to reverse Spain’s demographic crisis, Zapatero launched the so-called “cheque bebé,” a government scheme to bribe Spanish parents into having children by paying them €2,500 ($3,500) for every newborn baby. As a sop to the environmentalist greens, Zapatero also promised to plant 45 million new trees (at one for each Spaniard, the Socialists will have to plant 30,821.9 trees every single day for the next four years). Another €3.5 billion would go towards the postmodern-sounding “Liberty, Coexistence and Rights in a Globalized World.”
Is this happening here?