Unemployment lines are long in Socialist Spain. 21.5% unemployment after 7 years of Socialism in Spain. Socialism has failed the world over, but the insane Left-wing Elites refuse to see reality. |
Socialism in Action - Under seven years of Socialist rule Spanish unemployment has ballooned to 21.5% and unemployment for those under 30 is at 40%.
It is the same all over the world and at every point in human history . . . . Socialism fails when they run out of other people's money to spend.
Now the conservative Spanish People's Party is coming into power. They have a huge mountain to climb to repair the damage done by the evils of insane Socialism.
The Spanish unemployment rate soared to a 15-year high of 21.52 percent in the third quarter, the highest among major industrialized nations.
Spain has struggled to find jobs for the millions thrown out of work by a 2008 property bubble collapse. The outgoing Socialist government's end-year target of a 19.8-percent unemployment rate now seems unreachable.
The National Statistics Institute, which uses a different method of calculation to the Labour Ministry, says the number of unemployed rose to 4.978 million people in the third quarter from 4.834 million in the previous three months.
The rising jobless numbers add to huge challenges facing Spain's conservative Popular Party, which crushed the ruling Socialists in November 20 elections promising to fix the country's finances and economy.
(France 24 News)
Elections in Spain. Conservatives swept Spanish elections last month throwing out the Socialists. (Spanish Elections) |
Conservatives of the Spanish People's Party celebrate their victory over Socialism. |
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