There are many people now beginning to see how they are starting to make financial cuts are made to look back and see, or think they see a lot of wasted money he made the Zapatero government. Money that they think and believe that by then he be and Like should not be given. Money that they believe that if he had not spent now would not be so bad here in Spain now with a 12% deficit when it is just a few years we had been growing for several years at 3% surplus in our accounts, and that is amazing to understand.
Some think we should get out of this crisis on the left, and ignore the famous economic markets, and there are theories Attac ( A group of intellectuals left-wing partners under the leadership of Vicente Navarro) to hear what they want to hear. And they criticize all that Zapatero's economic policies are becoming a little crazy left-wing electorate and not to understand that rescue banks, reduce the public deficit, increasing the retirement age is on the left.
In July 2007 created the famous check-chair of € 2,500 for families que tuviesen un hijo desde ese mes de julio en adelante. Dinero que igual no duraba mucho entre pañales y biberones, además de que mejor hubiera sido poner más guarderías, pero eso es competencia de los Ayuntamientos. En 2008 se dejaron de deducir 400€ a todos los trabajadores, porque el objetivo entonces no era otro que mover la economía, hacer gasto, consumir, porque la gente no gastaba, porque no tenía mucho dinero, dado que el Euribor estaba alto y no quedaba mucho de la nómina después de pagar la hipoteca. Entonces se tomó esa medida, igual desafortunada pero porque fue para todos, ya se cobrasen 1.000 € como if the charge was € 4,000 per month. It abolished the wealth tax, which is amazing in a leftist government. Then the goal was to help the less I had so that they could move the economy.
were launched two Plans E between 2008 and 2009, not for the fun to splurge as PP said, he opposed in Congress of Deputies, but then it is money spent FEIL (Local Investment Fund) in nonsense in their municipalities, but to artificially sustain the activity providing employment to 280,000 people, many with no qualifications who had lost their jobs or because of the crisis had ceased to have much work as they had before. What could have invested these sums of money on other things or I + D + i ? Sure, but who decided the project was not the Government of Spain, but their own municipalities. Everyone who hold his own. The Government's objective then was to create jobs when banks did not give a single euro in loans to anyone.
Measures for 2009, decided to help those who lost their jobs, lest they fall by the wayside, and was approved 420 to € to the unemployed who fail to meet the 18 months of unemployment and have not found work. It is clear that this money can not sustain a family and can afford a mortgage even if they were also taken steps to stop payment on it and postpone it until that person should work again. These two measures has indeed been in Spain only country that have been taken, and there are anywhere else in aid to those who have sought employment.
Then came the problems with banks, bankruptcies of large U.S. financial holdings such as the AHM in August 2007, Lehman Brothers in September 2008, which Bush joined them billions instead of plugging the holes are distributed between them, but banks have continued breaking U.S. the City Bank in April 2010, the Bank of Florida in May 2010 ... and about 80 banks go bankrupt. Here in Spain has not broken any, because the Zapatero government had to put state money as they had in the U.S., but not like they gave it sunk, but that they had it back with interest, then system was copied in other European countries, although banks here have not broken yet it has been necessary to interventions such as Castilla-La Mancha, mergers, normal and cold like now the Cajastur CAM, Caja Cantabria and Extremadura Caja and latest Cajamurcia with Caja Granada, Penedès and Sa Nostra.
All that money was spent and put to boost the economy, it was a waste as the PP would have us believe, was necessary to make that public spending to avoid catastrophe Spain as a whole, as also had to do in other European countries, but caused them to spend the surplus that we had from 2004 to 2008, and to lose up to 9% of the wealth that had ( In this crisis the U.S. has lost 8 %. According to economists, when a country loses 20% in recession), arriving thus to 11.2% of the deficit (which spent 11.2% more than we produce).
Now the objective is to reduce this deficit plays that has been generated with that enormous spending done to try at least that the crisis would not have been more acute than it already was.
