Wednesday, 12 December 2007

How to blow economic stability in 3 easy steps and bring down your political credibility along with it.

Step 1: announce a tax cut. A serious one as well, no paying taxes for people earning less than 16.000 euros a year. Good electoral stuff, people love it.

Step 2: in the same speech and with no shame, keep your poker face on, announce free nursery schools for all children across the country. Not just any country, a country of 44 million people so you can show how many of them you are going to build and how noone is going to pay. People love it but start wondering how you are going to pay for it if you cut taxes.

Step 3: polls show you aren't doing very well at all. Announce a raise of 150 euros a month in the lowest pensions. People, who were already a bit suspicious, take your party's ballot paper put it in a bin and go look for someone who actually stops mocking their intelligence.

So there you have it, nice and easy, the ultimate guide to PP's political campaigning.

A conservative party, anywhere else, will always look into two issues lowering taxes and lowering public services, you might not agree with the idea, I don't, but it's coherent, less money equals less spending.

But when it comes to PP and his leader Rajoy, they always can do better. Like Jesus multiplied loaves and fishes they can lower taxes and raise public spending. Not sure people are buying it anymore. Rajoy is starting to look like Joaquín Almunia, the Socialist candidate in 2000, who knowing that he was going to lose badly started his own electoral miracle shop offering similar promises. He lost by absolute majority. Rajoy is starting to look desperately Almunia-like.

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