O Cachimbo de Magritte: How is this even possible?

20-05-2011
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O Pedro Magalhães escreve:"(...)José Sócrates, the leader of the Portuguese Socialist Party (PS), achieved something that his predecessors had pursued in vain throughout more than three decades of democratic rule: an absolute single-party majority for the Socialists. Six years have now elapsed since that historic achievement. Unemployment has risen from 7.6% to 11.1%. The economy has grown at a meager average rate of 0.6% per year. Consumer confidence has reached the lowest level ever recorded. Central government debt represents now 93% of GDP, up from 71% in 2005. And the budget deficits in 2009 and 2010 were close to -10% of GDP, the largest in the last 160 years.(...).A look at several short-term correlates of electoral behavior in the recent polls would certainly increase one’s near certainty about an incoming electoral landslide: PM Sócrates’s approval ratings are extremely low; close to 80% of the electorate evaluates the government’s performance as “bad” or “very bad”; and more than 90% describe the situation of the economy in the same way.Therefore, what follows will probably come as a surprise: in fact, nothing like an electoral landslide is anticipated for the coming June election (...)How is this even possible? (...)"A ler.


O Pedro Magalhães escreve:"(...)José Sócrates, the leader of the Portuguese Socialist Party (PS), achieved something that his predecessors had pursued in vain throughout more than three decades of democratic rule: an absolute single-party majority for the Socialists. Six years have now elapsed since that historic achievement. Unemployment has risen from 7.6% to 11.1%. The economy has grown at a meager average rate of 0.6% per year. Consumer confidence has reached the lowest level ever recorded. Central government debt represents now 93% of GDP, up from 71% in 2005. And the budget deficits in 2009 and 2010 were close to -10% of GDP, the largest in the last 160 years.(...).A look at several short-term correlates of electoral behavior in the recent polls would certainly increase one’s near certainty about an incoming electoral landslide: PM Sócrates’s approval ratings are extremely low; close to 80% of the electorate evaluates the government’s performance as “bad” or “very bad”; and more than 90% describe the situation of the economy in the same way.Therefore, what follows will probably come as a surprise: in fact, nothing like an electoral landslide is anticipated for the coming June election (...)How is this even possible? (...)"A ler.

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