After a decade of advances based upon empty promises of free or nearly free goods and services without a concrete and lasting way to pay for those goods and services. Now that the bubble has burst Argentina has just elected a conservative businessman to fix their deepening crisis. While Brazil opens an impeachment probe against Dilma Rousself, whose approval ratings are from single digits to practically non-existent. And Venezuela just handed the opposition an landslide victory over the Chavez/Maduro socialist dictatorship. The bills are due and economies are in shambles from years of leftists failure to grow economic output and nationalization along with increased taxes and expanded government. It always happens yet at some point the cycle is almost sure to repeat itself. After the business people clean up the mess and get economic growth heading in the right direction the left will again capitalize on the frustrations of those who are not doing as well as others and start the fundamental change rhetoric all over again and they will be popular til the pain of hunger and lack of goods and services kicks in again.
Going forward the center right is promising to ease hostility toward Washington and the USA and use less of the global grandstanding that saw some expand ties to anti-American regimes such as Iran. Instead they say they want to focus on fixing the economy by bolstering fiscal and monetary controls and fighting corruption that was rampant among the elite left. Plus restore independence to courts and respect private businesses.
Me, I wonder how people can be so gullible: you kill the incentives to make and produce goods and services, then simply take what ever is already there from one group and give it to another then at some point the wheels run off. The producers and makers either give up and join the takers or if they can they leave. Then when the supplies begin running short the people running the ponzie panic and take even more to buy time and prop themselves up plus turn to brutality and any foreign adventurer who sees advantage til the people rise up.
Going forward the center right is promising to ease hostility toward Washington and the USA and use less of the global grandstanding that saw some expand ties to anti-American regimes such as Iran. Instead they say they want to focus on fixing the economy by bolstering fiscal and monetary controls and fighting corruption that was rampant among the elite left. Plus restore independence to courts and respect private businesses.
Me, I wonder how people can be so gullible: you kill the incentives to make and produce goods and services, then simply take what ever is already there from one group and give it to another then at some point the wheels run off. The producers and makers either give up and join the takers or if they can they leave. Then when the supplies begin running short the people running the ponzie panic and take even more to buy time and prop themselves up plus turn to brutality and any foreign adventurer who sees advantage til the people rise up.
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