The leftist Syriza party has just won the Greek elections with between 35.5 and 39.5% of the vote. The man who will likely become Greece’s new Prime Minister quipped of the victory “The Greek people have given a clear, indisputable mandate for Greece to leave behind austerity.” Because if anything is worth trying again after years of failure, that would be more socialism. I suppose that when the Panhellenic Socialist Party (PASOK) was in control that they just didn’t do socialism correctly. One way or another, these guys will get it right. It’s funny how the left always says “austerity” whenever someone else says that perhaps the budget should be balanced once in a while. As we all know, living within your means is for losers. Just raise taxes and you’ll get all the money you need right? Just keep promising “free” stuff and the voters will put you in power apparently.
Moving onto the Eurozone as a whole, who wants to take bets on who will leave the E.U. and when? The Germans are certainly preparing themselves for such an event. Anyway, I still think it doesn’t make sense for sovereign countries to share a single currency. In light of events such as the Greek election, why should countries with different desires, ideas, and goals all be forced into some sort of supranational state? The whole Euro project was never a great idea to begin with.
Now remember comrades, the failures of: the former Soviet Union, states of the former Warsaw Pact, Venezuela (lack of basic goods and near default), National Socialist Workers’ Party of Germany, Detroit, Argentina (two defaults in thirteen years), Cuba (but people still tout the literacy rate), North Korea and Zimbabwe (intermittent 1000% interest rates) all mean nothing. Just give socialism another hundred years, maybe it’ll work itself out by then.
The Wall Street Journal-Greek Vote Sets Up New Europe Clash
New York Post-Radical-left party wins historic victory in Greek elections