Fortunately in yet another victory for conservative forces, Spain has elected a new Popular Party government. http://www.nytimes.com/2011/11/21/world/europe/spanish-voters-punish-socialists.html?_r=1&hp
What will this effect have upon the Euro debt crisis?
Thank God for the AUHSD!
P.S. I have no idea what this portends for the outcome of the current crisis with the Euro, and you might want to check out what “conservative” means in Europe in general (short answer: U.S. Democrats tend to be to the right of most European conservative parties).
On some issues this may be true but not on others-after all the Labour Party supported the Iraq War.
Remember a lot about the “Coalition of the Willing,” do you?
I didn’t know the Labour Party was Spanish 
and I’ve already given my opinion of the electoral results in the Thanksbitching thread.
That’s not a name for a military alliance, that’s a name for a curiously highbrow porn film.
No one escapes the Spanish Ass-Coition!
“Fortunately”? While you’re gloating over the Right winning another beauty contest, the austerity measures are going to crash the EU.
Is there any evidence at all that austerity measures have helped anything so far anywhere in Europe? Ireland, maybe, is starting to see a little growth again. The one country that has gone from complete basket case to decidedly improved, as far as I can tell, is Iceland. Of course, they’re not on the Euro, so they had more freedom.
Erhm the austerity measures are being demanded by the EU.
one does not exclude the other…
By that do you mean, “crash the European economy,” or “discredit the EU as an organization,” or what?
Both, possibly.
The Spanish region with the lowest unemployment also happens to be the one which already had a law requiring no deficit. The specific measures may or may not make sense (I don’t think the shotgun firings of temporary government workers do, for example, while politicians not getting 4 or 5 separate, simultaneous huge salaries is… well, what’s unacceptable is that they did!), but there needs to be a shift back to knowing how to budget properly, rather than living above your means simply because you can get loans, both in the individual and government levels.
The idea that the ECB should emit bonds so it can buy more of the bonds of the national Central Banks, which was being sponsored by some people, makes my head hurt pretty badly - it’s like the multi-level-government equivalent of getting a second mortgage to pay the interest-only installments on your first.
Beauty contest or not, it seems pretty clear that Spain, among other countries, must make drastic spending cuts.
Or, you know, the ECB can stop wearing their underpants on the outside and accept an inflation target of 5-6% of a few years.