Electorates aren’t being perverse – they’re saying no to neoliberalism

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In Spain the supposedly left of centre government has been punished by the electorate.

In Germany it's right of Centre Merkel who is being punished.

In both cases the electorate is not being perverse - they're coming to the same conclusion. Governing parties across Europe are saying much the same thing: that we must cut government spending and if we do then for reasons that no one can rationally explain this act resulting in  vast numbers of people becoming unemployed will massively increase confidence and the private sector will jump for joy and lead us to nirvanna.

Except as Paul Krugman notes, there is no evidence this perverse lohgicv works.

There's ample evience it does not.

And so governing parties are being punished.

As will there succe