Politicians say we do not have to lose our hope. May be it is the only advice they can offer as they do not have any other solution apart from increasing and increasing public spending. Therefore, we can understand why they highlight any minimum change their watchmen observe in the economic environment. They are signs of hope. Last week we receive information on one of them, that several big banks are starting to make profits. It is a positive news, of course, but we are not very sure that it means the arrival of winds of prosperity.
Categoría: Think Tanks Página 5 de 10
Western democracy has proved to be the best of the political regimes mankind has tried in centuries. It does not mean it is a perfect system, but we have not found anything better. However, many people of the most advanced democracies think that the dream of extending free rights and the government from the citizens is sometimes turning into a nighmare. The fall of socialist experiments apparently left the only way to democracy, but twenty years after, it seems that some countries can survive without respecting the democratic rule and be accepted as decent members of the international community. It seems we prefer to maintain the statu quo and not disturbing the fragile peace with the democratic ‘obsession’.
In our times, it is difficult to defend communism. Apart from the monk communities, nobody is able to share everything with others. The socialist experiments of the 20th Century are a far and away nightmare and there is no person who wants to repeat. We have remains like Cuba of North Korea but, fortunately, they are coming to an end. We hope.
The budget is the main weapon of any politician. When he gets a government post, he makes the big difference because it is able to manage huge resources of money. It does not matter whether the economy is healthy. He always can use the deficit. Nobody is able to demonstrate that finally it will conduct to the bankruptcy. There is no Chapter 11 for Federal Governments.