Editorial: The major cost of delusions
The new package of measures debated in Parliament completes the puzzle of unbearable taxes and budget cuts that the…
The new package of measures debated in Parliament completes the puzzle of unbearable taxes and budget cuts that the Tsipras government accepted. It is the heavy cost paid for the unreliability and delusions they cultivated in recent years, so that they may rise to power.
The complete inability to draw up a national strategy to overcome the crisis lead the government to imposing a wave of direct and indirect taxes that will drain what income is left in the country’s productive fabric. After the infamous 17-hour negotiation it accepted the creation of the new ‘super fund’, where almost the entirety of public assets will be transferred and utilized to pay off a major part of the loans we have taken out.
This development is the price of what is essentially the country going bankrupt and which the political system is unable to manage. The current government majority obviously has the most responsibilities because it believed that it could gamble the country’s future in an endless, unreliable and pointless negotiation.
Without any sense of economic reality, international and European correlations, it believed that it could shake Europe up, only to end up accepting far worse measures than those they rejected with so much ease. Mr. Tsipras and his officers also burdened society with a very difficult set of measures which is doubtful if it can be implemented in the current circumstances.
Acceptance of these measures signals the end of delusions for everyone. Primarily for the government and political system as a whole as Greek society which believed that all it takes is to declare is refusal to creditor demands in order to get rid of bailout and overcome the crisis. Unfortunately as it turned out, these delusions have a cost which is far greater than what we believed…