If you think you have got it bad, just look at some of Spain’s unemployed and how they really live. With the unemployment rate in Spain now at 22%, and with 46% of Spaniards under the age of 30 unemployed, those without jobs in Spain are barely hanging on — being evicted from homes, having their furniture repossessed, losing everything.
Of course, the party who’s likely to win today’s general elections, the Populist Party of Mariano Rajoy, says they can fix it. Can they? Not remotely likely.
If (or when) the Populist Party wins today’s general election, they’ll immediately implement austerity measures simply to pacify European banks. Social benefits will be cut again, adversely affecting those already desperately struggling, and more social programs will be closed.
All of these cuts will do nothing more than calm down investors and European banks — for just a few weeks, at most. Meanwhile, the unemployed, the poor and the nearly-homeless will be the ones who suffer. Again.