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Hopefully the conservatives won't be able to completely sell off all public assets and destroy all public services in their time in office. It would be ironic, but typical, if Syriza were turfed out just as the economy had turned the corner and New Democracy claimed all the credit despite putting that recovery at risk with unnecessary austerity policies.
Index of Frank's Diaries
On the plus side, modest GDP growth has returned, interest rates on new borrowing have declined to almost 2%, and a degree of political stability seems to have returned with Syriza achieving 31.5% of the vote despite having to lead the country through the worst of it. Of course a lot of irreversible damage will have been done to personal lives and institutions in the meantime and any improvements will be modest indeed, even under benign economic scenarios.
My concern is that there have been a number of instances where neo-liberal parties, beginning Reagan, have come to power on the back of a major recession just as the incumbent leftist/centrist parties in power have turned the corner. The neo-liberals have then made the situations much worse with needless austerity policies, only to take the credit when the economy rebounded some years later - just in time for the next election.
Trump has taken the opposite approach, needlessly boosting an already growing economy with tax cuts for corporates and the rich and taking the credit for a boom that was already happening anyway - while in the meantime greatly boosting borrowing Republicans had previously castigated Democrats for.
So we have two myths being propagated:
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