Consequences of The 14-D Strike
Some economists believe the strike was to blame for a large increase in public spending, which led to an increase in the budget deficit. Others prefer to blame public spending in the 1992 Olympic Games held in Barcelona, the 1992 world fair in Seville, plus the first high-speed train, for the large budget deficit. The budget deficit led to spending cuts which, coupled with a tough monetary policy, led to a recession in 1993.
Read more about this topic: 1988 Spanish General Strike
Famous quotes containing the words consequences of, consequences and/or strike:
“War is thus divine in itself, since it is a law of the world. War is divine through its consequences of a supernatural nature which are as much general as particular.... War is divine in the mysterious glory that surrounds it and in the no less inexplicable attraction that draws us to it.... War is divine by the manner in which it breaks out.”
—Joseph De Maistre (1753–1821)
“War is thus divine in itself, since it is a law of the world. War is divine through its consequences of a supernatural nature which are as much general as particular.... War is divine in the mysterious glory that surrounds it and in the no less inexplicable attraction that draws us to it.... War is divine by the manner in which it breaks out.”
—Joseph De Maistre (1753–1821)
“Is this then a touch? quivering me to a new identity,
Flames and ether making a rush for my veins,
Treacherous tip of me reaching and crowding to help them,
My flesh and blood playing out lightning to strike what is hardly
different from myself,
On all sides prurient provokers stiffening my limbs,”
—Walt Whitman (1819–1892)