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The Social Democrats adopted Neoliberal economic thinking in the 90s to remain serious and electable and so became Social Liberals in all but name. The result is not entirely surprising, and people turn conservative in a crisis.

The Spanish election early next year will kick out the last Social Democratic incumbent elected before the crisis started. And then we'll have 4 years to see if the SocDems have managed to reinvent themselves on the economic front or not.

Economics is politics by other means

by Migeru (migeru at eurotrib dot com) on Mon May 23rd, 2011 at 02:32:30 AM EST
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