Today then, to be against socialism and remotely realistic about how to generate economic growth, one must be a Keynesian and call for an unbalanced budget. To fall on the other side and call for total austerity will merely get you booted out of office and pave the way for Big Government socialists to destroy the private sector through increasing government spending and taxation.This is a particularly poorly executed example of the old center-left bluff of "listen to us or what comes along will be far worse." It's a bluff. They know it's a bluff. And above all they find it funny that you think that their policy platform is "myopic" following "dogmatic and unpragmatic free-market ideologies" that is no better than "idiocy" and "foolishness."
Will the conservatives realise this before it is too late? Fat chance. The conservative class have become extremely myopic in the past thirty or forty years. They have invested themselves in dogmatic and unpragmatic free-market ideologies that have always been fantasies and in doing so have completely blinded themselves to the bigger picture. Their own idiocy will destroy them – and in their foolishness they will pave the way for their own expropriation.
If the ruling classes in the era of their most unchallenged ideological and political hegemony (not to mention exclusive economic prosperity) seem to you to be idiots and fools, perhaps you're the one who has "blinded themselves to the bigger picture."
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