Recession reality hasn't set in.
That's why almost every politician in the world figures that the dead horse of the economy can take a few more licks.... for the votes.
I suspect it actually has set in, and the political figures at the top of the government food chains are mostly trying to figure out how to avoid getting blamed for it (or, in the case of China, how to hang on to the tiger's tail a little bit longer, since letting go could be apocalyptically bad).
They are too slippery. They know how to distract. They know how to use our money to buy our votes. And there is always something other than their "policies" to blame.
Recession reality hasn't set in.
That's why almost every politician in the world figures that the dead horse of the economy can take a few more licks.... for the votes.
I suspect it actually has set in, and the political figures at the top of the government food chains are mostly trying to figure out how to avoid getting blamed for it (or, in the case of China, how to hang on to the tiger's tail a little bit longer, since letting go could be apocalyptically bad).
The problem is politicians don't get blamed.
They are too slippery. They know how to distract. They know how to use our money to buy our votes. And there is always something other than their "policies" to blame.
Pretty much.