Once upon a time, when I worked at a radio station whose initial rhymed with “Ay Ess Tee Pee”, we went without a general manager for six months.
In that time the station’s ratings doubled.
Eventually, in their good time, Hubbard Broadcasting sent us a GM. Who promptly screwed everything up, where it stayed until the dawn of Limbaugh.
I’m not saying that kind of thing happens all the time with businesses.
But it certainly is associated with civilized people who observe the law, in regard to “government”.
Spain, after the better part of a decade of stagnancy in squalor under a socialist government, is bouncing back strongly:
The eurozone’s fourth-largest economy is on track to expand around 3% this year, outpacing the International Monetary Fund’s projections for France, Germany and the U.S.
The landed punditry believes that is inconsistent with the fact Spain hasn’t had a functioning government in nearly a year:
Spain has been without a full-fledged government since December. Doubts about who will form the next one have persisted since the divided parliament elected that month failed to install a prime minister and was dissolved. A new parliament, elected in June, is also deadlocked among four major parties, none close to a majority.
It is – to borrow a phrase that the Obama administration has turned into a national punchline it – “unexpected”.
But only if you’re the kind of person that believes “Brexit” is going to send the UK back to the Stone Age, and that raising taxes fight recessions.
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