The true problems in Spain are:
- An inept political class. They have no vision, no true principles, most are unprepared to uptake the responsibilities thay are assigned to. Very especially, there is no accountability. All Spanish citizens are equal; unfortunately, some (specifically, politicians) are more equal than others.
- An inefficient, unjust, very slow and biast judicial system. It takes years for court cases to resume, it's costly, there's too much uncertainty. Judges are no doubt above the law.
- Decentralization. The Autonomous Community model in Spain has created too great a replication of functions and activities, and thus costs. There is also a loss of focus on important issues.
- Savings Banks (Cajas de Ahorros). Banks have tempered the crisis well in Spain. The problem is those banks in hands of politicians, that is, savings banks. Politicians have been allowed to guide these institutions in their own interest, losing millions, and no-one is accountable.
- Justice. Who audits and cares for fraud? Banks, telco's, construction company, etc. It's worthwhile to carry out fraudulant business practices. Because of the slow and unjust judicial system, most cases don't reach court, and those that do are expensive, slow and not always just. So it's profitable to rip people off. The government does not watch over these abuses to assure it's kept down to a minimum.
- Unemployment. Can only remain as high due to a large submerged economy. Instead of lowering taxes in order to favor declaring income, they opt for the opposite, further bleeding those that pay taxes and, more important, reducing tax payer benefits.
There are more I shall address in subsequent posts.